The coal price risk might have been to the downside, but the PE's of the coal stocks were at like 2-3, well below historical averages.
Of course you would feel more comfortable with coal prices almost $115USD higher than what they are currently at. What holder wouldn't be? Id probably be a holder too if coal prices were at $250USD and the share price was in a good zone for buying.
Target $18.72, page-6421
Add WHC (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$7.29 |
Change
-0.120(1.62%) |
Mkt cap ! $6.132B | |||
| Open | High | Low | Value | Volume |
| $7.43 | $7.47 | $7.28 | $15.25M | 2.080M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 20 | 20104 | $7.29 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.30 | 8950 | 15 |
View Market Depth
| Last trade - 12.37pm 20/08/2024 (20 minute delay) ? |
| WHC (ASX) Chart |