Next Wed 17th Feb, WHC announces its First Half FY21 Financial Results. This will make a movement in the share price but win which direction?
I think (and hope) they will meet the expectations, more importantly is the outlook and I can't see anything of negative sentiment.
The shorts are getting lower and if the WHC price slightly creeps upwards this week then you would suspect the big boys believe the announcement will be positive for the business.
In saying the above, the price is driven however the big boys want to play it, remember for every seller there is a buyer and so the buyer must believe there is value at that price.
Like most energy or mining stocks, patience is the key.
Target $2.25, page-171
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Last
$6.86 |
Change
-0.070(1.01%) |
Mkt cap ! $5.739B | |||
| Open | High | Low | Value | Volume |
| $7.00 | $7.02 | $6.80 | $39.73M | 5.777M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 100 | $6.86 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.88 | 8721 | 3 |
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| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| WHC (ASX) Chart |