I guess investors will need to build confidence around coal prices. Reaching 80+ is one thing but staying there is another.
People also keep reading that coal is dead and banks and funds are all under pressure to divest.
In reality coal is very much alive and millions of chinese are shivering to death because of the aus coal van.
Demand is bigger than supply and prices are likely to continue to move up. Once investors come to terms with the reality whc shares will be flying. By then hopefully a lot of the holders that are under presuure to divest from fossil have been washed out too
Morningstar price target $3.20, page-8
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Last
$7.70 |
Change
0.010(0.13%) |
Mkt cap ! $6.441B | |||
| Open | High | Low | Value | Volume |
| $7.74 | $7.74 | $7.64 | $35.03M | 4.557M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 36489 | $7.69 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.70 | 12215 | 3 |
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| Last trade - 16.10pm 25/06/2024 (20 minute delay) ? |
| WHC (ASX) Chart |