Believe me I understand and I’m quite tired of it but I just can’t ignore the fundamentals they’re just crazy good coal averaged US$150/t in July and in August so far it’s been averaging above US$160/t. WHC has yet to achieve prices above US$100/t in the previous quarterly it was US$94/t.
The real rally by all accounts hasn’t even begun. Those who are selling honestly simply don’t understand the scale of the coal rally.
Also FY22 production should be much better as Narrabri is back in full swing.
On the account of commodity shares falling this week most by 10% is largely due to Covid fears and primarily a drop in iron ore prices and therefore big mining giants like BHP and Rio weighing down the entire sector unfortunately.
Coal prices up and USD to AUD up.., page-19
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Last
$8.32 |
Change
-0.110(1.30%) |
Mkt cap ! $6.960B | |||
| Open | High | Low | Value | Volume |
| $8.40 | $8.57 | $8.21 | $70.24M | 8.520M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 23024 | $8.32 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $8.33 | 13633 | 2 |
View Market Depth
| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| WHC (ASX) Chart |