WHC 5.97% $6.14 whitehaven coal limited

Caution, share price is too high, page-893

  1. 219 Posts.
    lightbulb Created with Sketch. 130
    Wow, just wow.

    You do know that for someone to make a sale there also has to be a buyer right? That it is a zero sum game? So the "boys" buying were at least as big as the "boys" selling.

    AND... the buyback is shrinking the register by almost 35% isn't it. So there will be 35% less shares to buy, borrow or short. And the remaining 65% get the increased earnings and dividends. Imagine having such a large increase in EPS baked in with the year just starting...

    And may I add that in the timeframe where you suggest that the "big boys are distributing" the aggregate move in the share price was an INCREASE of $0.01. Sept 30 price $9.01 and Oct 31 price $9.02. So the net effect of your "big boys" was an increase in the share price. It actually went up. Wonder why you did not include that in your post?

    Cuppa



 
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$6.14
Change
-0.390(5.97%)
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$6.20 $6.26 $6.12 $39.06M 6.308M

Buyers (Bids)

No. Vol. Price($)
26 29348 $6.14
 

Sellers (Offers)

Price($) Vol. No.
$6.15 58770 84
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