WHC 2.68% $8.06 whitehaven coal limited

Caution, share price is too high, page-998

  1. 122 Posts.
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    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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