Notice how the price of WHC is being sold down by a trading bot? Notice how the price is quickly whipped down in the morning and crawls back up in the afternoon? SOMEONE is accumulating!
Fundamentals are fantastic with prices of coal holding up well and production about to zoom in the next two or three years. There is plenty of cash in the bank and reasonable debt. The new MRRT will have minimal effect on WHC.
One morning there will be a trading halt and announcement but it will be too late for those who haven't recognized the obvious signs.
Cheers,
doomdog
price suppression -- takeover coming?
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 (20min delay)
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Last
$6.95 |
Change
0.140(2.06%) |
Mkt cap ! $5.814B | |||
| Open | High | Low | Value | Volume |
| $6.78 | $6.96 | $6.76 | $26.35M | 3.823M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 3000 | $6.94 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.95 | 25578 | 8 |
View Market Depth
| Last trade - 16.10pm 01/11/2024 (20 minute delay) ? |
| WHC (ASX) Chart |