It's funny, if we forget about Trump for a moment, mining companies are usually a pretty easy investment to work out.
Take WHC for example.
Mid 2021 - for those watching (admittedly, I was not watching) the coal price began to creep up. You could pick up WHC for $2 a share.
The price mis-match didnt occur for a whole year. Coal prices soared to $350, yet WHC was still only $5 a share. This was the "safe" time to buy.
The first dip in prices late 2022 was an early, but solid sign to sell. (That's what I did).
Forget everything every poster continues to say - Northern hemisphere winter/XXX country blocking coal from XXX./Structural supply deficit. Its funny because we have so called "expert" commodity traders/investors here, and all I heard was "this time is different".
Look at uranium, look at lithium, look at iron ore back in 2022. They're all the same.
Borano, you're clearly a smart man. You use figures to make your decisions, not emotions.
There's a few posters here that want coal to be expensive to piss off the left, for some odd reason. I dont get it.
Then there's the whole Trump thing. I watched a video yesterday of Trumps cabinet meeting, where his team took time to praise him and his magnificent and brilliant ideas - it was actual cringe. Then Trumps directive to go after Tesla protestors (I haven't really paid much attention to this) but according to Pam Bondi, there's 4 suspects facing up to 20 years - but lets pardon the capitol rioters. The whole thing reminded me of a certain Austrian.
Anyway, Trump again backflipped on his tariffs, now chips/computers/phones are exempt from the tariffs? The whole debacle is a massive shit show. Shows how little thought went into "Liberation Day!"
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whitehaven coal limited
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It's funny, if we forget about Trump for a moment, mining...
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Last
$5.45 |
Change
-0.120(2.15%) |
Mkt cap ! $4.559B |
Open | High | Low | Value | Volume |
$5.52 | $5.56 | $5.41 | $31.15M | 5.703M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 5889 | $5.44 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$5.46 | 3456 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 59623 | 5.430 |
7 | 53282 | 5.420 |
5 | 35904 | 5.410 |
12 | 18885 | 5.400 |
4 | 13083 | 5.390 |
Price($) | Vol. | No. |
---|---|---|
5.460 | 3000 | 1 |
5.470 | 55910 | 1 |
5.480 | 61184 | 3 |
5.490 | 42906 | 6 |
5.500 | 47642 | 7 |
Last trade - 16.13pm 25/06/2025 (20 minute delay) ? |
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WHC (ASX) Chart |