I have been doing a lot of reading and "research" on coal and WHC as i try to get my head around a good time to enter for a longer term hold ( 5 years etc )
I watched a very interesting video on investing in coal ( and resources in general ) and the chap said that in his opinion you should never be buying resource stocks when their material is at all time highs because the only way is....down. It kind of rang a bell with me. How long can coal and lithium retain these prices ? What happens when war ends / embargoes end / resources go into a super bear mode etc . I guess this is all part of the trading game.
Caution, share price is too high, page-520
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Last
$7.72 |
Change
0.090(1.18%) |
Mkt cap ! $6.458B | |||
| Open | High | Low | Value | Volume |
| $7.69 | $7.77 | $7.56 | $31.42M | 4.079M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 23064 | $7.72 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.74 | 4002 | 1 |
View Market Depth
| Last trade - 16.10pm 31/07/2024 (20 minute delay) ? |
| WHC (ASX) Chart |