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2.40%

$7.89 whitehaven coal limited

You are ignoring a $550m tax payment in Dec.Q'22.

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chipshuffler

673 Posts.

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03/01/23

10:58

Post #: 65506251
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Originally posted by singh2112: ↑

Net cash position on 30th September is A$ 1.93 billion. With likely cash generation of A$ 1.5 billion for December Qtr, The total cash availability as on 31st December is estimated to be about A$ 3.4 billion. About 38 million shares have been purchased as on 31st December for a cost of A$ 350 million. This leaves more than A$ 3 billion cash after share buyback as on 31st December. I think dividend should be more than A$ 1 and could be as high as A$ 1.5 with plenty of cash for buyback and the final dividend in September will be more than A$ 2.
The only risk I can see is change of Government in NSW in March and an increase in royalty in line with QLD Govt. These are extra ordinary times for coal companies with all stars aligned in their favour.
DYOR.

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You are ignoring a $550m tax payment in Dec.Q'22.

WHC Price at posting: $9.01 Sentiment: Hold Disclosure: Held
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(20min delay)
Last $7.89		Change 0.185(2.40%)		Mkt cap ! $6.525B

Open	High	Low	Value	Volume
$7.70	$7.89	$7.69	$12.74M	1.616M

Buyers (Bids)

No.	Vol.	Price($)
12	19127	$7.88

Sellers (Offers)

Price($)	Vol.	No.
$7.89	12917	7

View Market Depth

No.	Vol.	Price($)
18	17277	7.860
16	15878	7.850
19	15328	7.840
13	13572	7.830
9	37254	7.820

Price($)	Vol.	No.
7.870	1529	3
7.880	48827	17
7.890	53568	21
7.900	39404	15
7.910	13917	6

Last trade - 11.14am 02/05/2024 (20 minute delay)


Last $7.87			Change 0.185 ( 2.63 %)
Open	High		Low	Volume
$7.70	$7.91		$7.69	231071
Last updated 11.34am 02/05/2024 ?

WHC (ASX) Chart

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