A lot of negative sentiment surrounds the coal industry and could see the expansion of Vickery and Winchester South mines delayed or not approved at all.
Continued drought conditions may place a strain on water supply for operations, but if the expansions get approved, I think there will be a re-rate in the share price. Until then though, it looks to be set in a down trend.
I believe the Vickery project decision was expected in early 2020, however the most recent guidance update indicated that the approval process has been delayed.
DYOR
A lot of negative sentiment surrounds the coal industry and...
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Last
$8.59 |
Change
0.460(5.66%) |
Mkt cap ! $7.056B | |||
| Open | High | Low | Value | Volume |
| $8.24 | $8.60 | $8.18 | $129.2M | 15.28M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 10172 | $8.58 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $8.60 | 138967 | 34 |
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| Last trade - 16.10pm 02/07/2024 (20 minute delay) ? |
| WHC (ASX) Chart |