WHC 0.69% $8.61 whitehaven coal limited

Caution, share price is too high, page-900

  1. 1,940 Posts.
    lightbulb Created with Sketch. 185
    It wasn't an increase. That was a separate buy back. That one concluded at the end of September (if I remember correctly).

    if the share price actually dropped to $4 that would give WHC a market cap of $3.6b. it's cash on hand as at September 30 was $2b and it's cash is probably now about $2.6b. WHC is generating about $1.5b in revenue each quarter. A drop to $4/5 is just inconceivable. There is too much value. A drop to $8 is the worst I can see at the moment. The upside potential is far more likely than further downside.
 
watchlist Created with Sketch. Add WHC (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.