WHC 1.30% $8.32 whitehaven coal limited

IMO this is terrific news that they are holding heaps of cash...

  1. 5,129 Posts.
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    IMO this is terrific news that they are holding heaps of cash back earning terrific interest.

    1) It buffers the Shareprice somewhat
    2) Allows for BB to keep doing as it does.
    3) Money put aside for the new development mines.

    And maybe money on the side to pick up some cheap mines from the majors.

    As well it can leave money on the side for Special Dividends.

 
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