Coking coal prices are still touching yearly lows of sub $200USD. Thermal has bounced around the $140USD for the past year or so.
This last fortnight or so run is based on optimism only. The old, buy the rumour sell the news.
Sure, those coal prices might move higher with the Chinese stimulus, who knows. Maybe you were right to top up a fortnight ago. If so, good on you, happy to see someone make some money on WHC. There's still a lot of bagholders from the $9+ prices.
I still prefer my trade from WHC to RMD which has produced a 57% return as opposed to a ~15% loss if I'd been holding onto my WHC.
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