Stocking is almost over for met. This will put downward pressure on Stanmore and other met producers who have been in up trend. The overall impact will be lower prices for the broad coal market as we move through the next few months. Winter restocking won't be until later in the year. Result being that the down trend is likely to continue. My position remains 2.5% coal and a boatload of cash. Will deploy cash to capture weakness in the price later in the year. For now, it's a waiting game.
Target $18.72, page-5181
-
- There are more pages in this discussion • 4,952 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add WHC (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$7.36 |
Change
-0.050(0.67%) |
Mkt cap ! $6.157B | |||
| Open | High | Low | Value | Volume |
| $7.43 | $7.47 | $7.26 | $36.38M | 4.967M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1300 | $7.33 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.37 | 46066 | 3 |
View Market Depth
| Last trade - 16.10pm 20/08/2024 (20 minute delay) ? |
| WHC (ASX) Chart |