WHC 2.18% $7.63 whitehaven coal limited

Target $18.72, page-8203

  1. 1,969 Posts.
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    Good Volume...solid reversal seems in place..
    Could we finish over $7 on the way to $8 and beyond? Have the desperate sellers now gone? ..no more knee shakers?..Are we moving into a strong upward secondary trend past $9 re-asserting the strong upward primary trend?
    Will we see cuts in world interest rates and a turn to stronger growth?? And of course higher energy prices..Possible? Probable?
    And what's the downside risk?...Not much I would guess with a probable top up of $500 million to $800 million for 20% of a mine?
    All seems possible to me..all points to higher price for WHC in the days to come.
    All the Best to All
 
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