This stock could 5x from here
If ...
* Supply side remains tight
* Renewables are priced out of the market as price per KW hour is higher than coal
* Newcastle Coal heads to $300 a tonne and remains there
* Buybacks remain in place
* Ryear's s from. 3x EBITDA to 10x
If prices of coal head to $300 and stay there this is a negative EV business! In 2.5 yeaes
thoughts?
$40 Price Target
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Last
$6.93 |
Change
0.015(0.22%) |
Mkt cap ! $5.826B | |||
| Open | High | Low | Value | Volume |
| $7.08 | $7.13 | $6.74 | $39.52M | 5.731M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 30 | 8423 | $6.92 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.93 | 10381 | 29 |
View Market Depth
| Last trade - 15.27pm 07/11/2024 (20 minute delay) ? |
| WHC (ASX) Chart |