WHC 0.59% $7.59 whitehaven coal limited

Ann: Change in substantial holding, page-13

  1. CEM
    687 Posts.
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    Hey Sunny - shorters are set between 90c and 105 and have been pretty steady since. as at 3 days ago there is 70m shares still short at those levels. They are not increasing so are not holding the share price back but they certainly have the potential for a big spike if they close on mass.

    Man that is one painful trade for them.

    That thermal coal price is the primary driver and has now rebounded 43% since the lows. It keeps going up so does WHC. It comes down so does WHC.
 
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