When coal price starts to turnaround. LOL.
Not sure when but when there is reports of stock piles at Chinese and Indian ports reducing.
Don't forget that China is in expansion mode with regard to coal fired power plants. Do you think stock piles will increase with the amount of coal required to fill up these power plants that are being constructed, re-started. new projects, re-activated and permitted? Do we think that China's economy will be in contraction forever? The real estate market will never recover? Doubt it. I wouldn't worry about tarriff's, it's short term pain and over-reaction at the moment. The real reason is that supply outstrips demand at the moment. It's the same as what goes up, must come down and vice versa.
There is a lot of coal required at some stage.
China and India need to have stable energy. Solar, wind, hydro, bio mass, geothermal, nuclear and natural gas. They will co-exist and world population is increasing every day.
I don't think WHC will get to have a $4 in front of it's share price. That's my feeling. NOBODY KNOWS. There has been many times where share prices over shoot to the upside and down side. There could easily be a V recovery as has happened many times over the months and years.
Then there is stimulus by China that could be announced anytime.
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WHC
whitehaven coal limited
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$5.77

When coal price starts to turnaround. LOL. Not sure when but...
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Last
$5.77 |
Change
-0.050(0.86%) |
Mkt cap ! $4.827B |
Open | High | Low | Value | Volume |
$5.83 | $5.84 | $5.73 | $98.50M | 16.46M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 3969 | $5.76 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$5.77 | 18006 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 1850 | 5.750 |
2 | 3042 | 5.740 |
2 | 5165 | 5.720 |
8 | 24668 | 5.700 |
1 | 200 | 5.690 |
Price($) | Vol. | No. |
---|---|---|
5.780 | 4500 | 1 |
5.790 | 17261 | 1 |
5.800 | 2400 | 2 |
5.830 | 1220 | 1 |
5.840 | 2434 | 1 |
Last trade - 16.10pm 20/06/2025 (20 minute delay) ? |
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WHC (ASX) Chart |