WHC 2.16% $7.09 whitehaven coal limited

Ann: Appendix 4D and Half Year Financial Report, page-298

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    I assume that was the aim of BB to keep it at $15 in this tutorial. If u accept this fact the figures are correct.

    Like WHC was buying back shares when Coal prices ($425 US) were high and continued to buyback when coal prices was low to keep it share price high at what I presume BOD believed was it true value.

    At one stage they were buying back shares near $10 when the spot prices was closer to $100 US.
 
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