The market is lumping coking coal and iron ore together as both are ingredients for steel making but very different. - Iron ore is being hit by oversupply problems - large stockpiles and future mines coming on stream - Coking coal does not have these issues - it is getting increasingly harder to start new mines - It will take the market a while to figure this out but yes this is a good buying opportunity
Target $18.72, page-8390
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Last
$5.86 |
Change
-0.040(0.68%) |
Mkt cap ! $4.902B | |||
| Open | High | Low | Value | Volume |
| $5.89 | $5.90 | $5.79 | $34.22M | 5.849M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 8142 | $5.85 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $5.88 | 40497 | 3 |
View Market Depth
| Last trade - 16.10pm 17/09/2024 (20 minute delay) ? |
| WHC (ASX) Chart |