Yep, lots of people don't seem to understand how the coal market works and get it mixed up with iron ore - both do come out of the ground, but only some of them come together later to make steel. I wouldn't be surprised if there is some on selling going on in these markets, which further dilutes any short term analysis.
The current drop in the WHC share price I think has no true basis at the moment wrt to their business fundamentals.
As always DYOR.
Target $4.61, page-1409
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Last
$7.33 |
Change
-0.380(4.93%) |
Mkt cap ! $6.132B | |||
| Open | High | Low | Value | Volume |
| $7.64 | $7.66 | $7.26 | $55.01M | 7.448M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 1109 | $7.32 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.33 | 3000 | 1 |
View Market Depth
| Last trade - 16.10pm 15/08/2024 (20 minute delay) ? |
| WHC (ASX) Chart |