Over the long run, lets say, what, 5 years minimum, I wager WHC will underperform the ASX200.
Coking coal is fine, China isn't stimulating with massive construction. Coking coal isn't under supplied. When there was that "shock" to supply earlier this year, it took less than a month for coking call to fall well below the spot price it reached at the peak.
Costs are up, margins are down. What is the new bull case?
WHC Price at posting:
$6.54 Sentiment: Sell Disclosure: Not Held
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