100% correct. Debt will remain and it was never said they would pay it down. That's why I ask, where have these posters received this information?
Someone on here must've started a dream and the rest followed?
Was it you @hagetaka ?
Buy backs won't happen for sometime.
Unless coking coal price goes up WHC is going nowhere. I hate to say this as i hold but I also stopped shorting because the SP is in a precarious position.
The fact that WHC missed the saleable forecast of between 3.5-4.0 really does FA to the FCF. However, the coal price increase or decrease impact is massive.
Blackwater sell down, page-11
Add WHC (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$6.82 |
Change
-0.130(1.87%) |
Mkt cap ! $5.705B | |||
| Open | High | Low | Value | Volume |
| $6.96 | $6.99 | $6.78 | $23.43M | 3.424M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 41638 | $6.81 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.82 | 3000 | 1 |
View Market Depth
| Last trade - 16.10pm 04/11/2024 (20 minute delay) ? |
| WHC (ASX) Chart |