My simple calcs have whc met coal covering costs/royalties and enough to pay the full bhp contingency payment. If they dont need to pay/or part pay the contingency, that is their cream left over at current prices.
I cant believe how many people are wetting themselves on HC. For 1 month of lower prices, the longterm investment thesis is being thrown out the window. I may be wrong but so will the be the japanese investors who spent AUD1.5bil protecting themselves from upcoming supply constraints
Target $18.72, page-10491
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Last
$5.73 |
Change
-0.040(0.69%) |
Mkt cap ! $4.793B | |||
| Open | High | Low | Value | Volume |
| $5.75 | $5.81 | $5.66 | $41.17M | 7.185M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 20670 | $5.72 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $5.75 | 18672 | 2 |
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| Last trade - 16.10pm 09/09/2024 (20 minute delay) ? |
| WHC (ASX) Chart |