WHC 2.90% $8.71 whitehaven coal limited

Ann: September 2022 Quarterly Report, page-60

  1. 697 Posts.
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    Why not? Recession, high interest rates means 0 mortgage growth. Recession is supposed to be bad for energy too but where is the new supply of coal/gas coming from? Not even enough to replace existing sources let alone come up with new sources. Even in a recession there is a degree of inelastic demand. Very doubtful there will be shale revolution Mark2.
 
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