It is not only price as BHP will want to ensure that they offload the assets to someone who will operate and rehabilitate the mines responsibly so as to avoid any negative publicity themselves in the future.
I am supportive of the acquisitions as they will be transformative for Whitehaven and they will follow a growth trajectory similar to Stanmore after their acquisition of SWC and Poitrel from BMC, which I understand they have almost paid back already.
Having been involved with the due diligence for other parties, the assets acquired are long life with better coking quality than suggested here previously and will be highly value accretive. Then there are the Daunia synergies available for the development of Winchester South, so in my view its a great allocation of capital and beats buying back shares at the top of the market.
- Forums
- ASX - By Stock
- Ann: Trading Halt
It is not only price as BHP will want to ensure that they...
-
-
- There are more pages in this discussion • 41 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add WHC (ASX) to my watchlist
|
|||||
Last
$7.80 |
Change
0.030(0.39%) |
Mkt cap ! $6.500B |
Open | High | Low | Value | Volume |
$7.82 | $7.87 | $7.78 | $4.788M | 611.7K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
7 | 4325 | $7.80 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$7.81 | 10818 | 14 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
19 | 18021 | 7.820 |
11 | 26453 | 7.810 |
16 | 28494 | 7.800 |
11 | 26788 | 7.790 |
16 | 96306 | 7.780 |
Price($) | Vol. | No. |
---|---|---|
7.830 | 13085 | 20 |
7.840 | 30824 | 20 |
7.850 | 28729 | 17 |
7.860 | 36762 | 15 |
7.870 | 29435 | 11 |
Last trade - 10.41am 26/07/2024 (20 minute delay) ? |
Featured News
LKE
Lake Resources implies news article on job cuts made up; non-core sales "not material" and no rule 15.7 breach
IGO
IGO kicks off earn-in copper drilling on-site Encounter's Yeneena play as it adopts new identity
WHC (ASX) Chart |