The thesis of this business hasn't changed. Thermal coal might be weakening a bit right now, but Euro winter is coming and although it's warmer than usual right now, it will get bitterly cold, and just as coal prices have come down, they can rocket back up just as quickly.
I'm very confident of this business, and the "bad news" released recently is good news, cos it means the business can buy back at lower prices...ultimately saving money....
Energy is life. Coal is the base of the energy pyramid and it ain't going anywhere....neither is the Ukraine war!
Ann: Update - Notification of buy-back - WHC, page-21
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Last
$7.12 |
Change
-0.130(1.79%) |
Mkt cap ! $5.944B | |||
| Open | High | Low | Value | Volume |
| $7.10 | $7.20 | $7.06 | $34.30M | 4.811M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 17 | 36079 | $7.11 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.12 | 10604 | 10 |
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| Last trade - 15.56pm 03/10/2024 (20 minute delay) ? |
| WHC (ASX) Chart |