Just coming here to say the same.
He reckons we'll see 20% dividend yields for 2-3 years, but is less certain about the SP reaching back to $10 and above. He's punting on $200 coal prices for this period. A lot of the use of the term 'new paradigm' in prices. Of course he points out, when the penny drops that fossil fuels will be needed for a long time yet - and with the abudance of coal reserves - governments will actively clear the pathway for more supply. (I'm not so sure it can snapback so quickly to the old world before ESG)
Target $18.72, page-4660
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Last
$8.66 |
Change
-0.055(0.63%) |
Mkt cap ! $7.244B | |||
| Open | High | Low | Value | Volume |
| $8.75 | $8.77 | $8.64 | $14.06M | 1.617M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 32 | 24808 | $8.65 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $8.66 | 14575 | 23 |
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| Last trade - 13.52pm 11/07/2024 (20 minute delay) ? |
| WHC (ASX) Chart |