ICE Newcastle Coal has gone from US50/t in September 2020, to US$125/t in June 2021. That's a very impressive green candlestick on the charts, +US$75/t or a +140% move in ~9 months.
I just think wider commodities markets are undergoing or will incur a healthy market retrace, history indicates that you cannot maintain the above trajectory for long durations of time. The USD is strengthening with bond yields, that might continue for a month or two IMO, which is negative for most commodities.
Just me 2c...
- Forums
- ASX - By Stock
- WHC
- Ann: FY21 Production guidance update
Ann: FY21 Production guidance update, page-18
-
-
- There are more pages in this discussion • 103 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add WHC (ASX) to my watchlist
(20min delay)
|
|||||
Last
$5.67 |
Change
0.155(2.81%) |
Mkt cap ! $4.668B |
Open | High | Low | Value | Volume |
$5.56 | $5.69 | $5.53 | $27.31M | 4.850M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
23 | 42247 | $5.66 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$5.67 | 26259 | 13 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
35 | 34574 | 5.660 |
22 | 61619 | 5.650 |
12 | 54118 | 5.640 |
12 | 61467 | 5.630 |
11 | 40456 | 5.620 |
Price($) | Vol. | No. |
---|---|---|
5.670 | 38757 | 23 |
5.680 | 78198 | 19 |
5.690 | 46668 | 17 |
5.700 | 169485 | 19 |
5.710 | 14832 | 7 |
Last trade - 13.34pm 12/09/2024 (20 minute delay) ? |
Featured News
WHC (ASX) Chart |