WHC 0.26% $7.67 whitehaven coal limited

We should all stop stressing here (even though it is painful to...

  1. 120 Posts.
    lightbulb Created with Sketch. 101
    We should all stop stressing here (even though it is painful to watch).

    We should all be mindful of where the BB is at.

    At $8 share price, the market cap with 700,000,000 shares would be $5.6bn.

    We will earn net profit of $3.5bn to $4bn this financial year.

    At $8, the BB would cost us $1.95bn.

    We could pay for that with the first 6 months profit.

    So, I cannot see the price getting much more damage from here. In fact, it does not stretch the imagination to see it a lot higher.
 
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