Their forecasts for production are down about 10% from last year and sales down less than 10%, and unit costs slightly higher. So based off that sure their revenues would fall. All things being equal.
But things are not equal.
If the price of coal goes up, the share price of Whitehaven goes up irrespective of what you think or what I think. I don't know if the price of coal will go up or down. But it sure seems to be leveling off at these prices. Hasn't moved much in 4 months.
If the price of coal rockets up and up and up, though their production might slip, their revenues will be greater and their dividends will be maintained.
Their forecasts for production are down about 10% from last year...
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Last
$7.63 |
Change
0.140(1.87%) |
Mkt cap ! $6.383B | |||
| Open | High | Low | Value | Volume |
| $7.59 | $7.65 | $7.52 | $30.32M | 3.990M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 110097 | $7.61 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.63 | 13368 | 2 |
View Market Depth
| Last trade - 16.10pm 09/08/2024 (20 minute delay) ? |
| WHC (ASX) Chart |