I just don't see the upside in this (or other coal stocks).
it isn't cheap by any historical metric, there isn't any real tail winds. I just don't think it's a good investment.
Don't get me wrong, when there is a price mismatch like when the coal price was $350 and the share price was $6. Bam, perfect, easy buy.
Plenty of other options elsewhere. But I'll continue to watch.
ill change my conviction to a hold though. Not a buy.
Coking and Thermal coal prices...where are we going?, page-760
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Last
$5.57 |
Change
-0.200(3.47%) |
Mkt cap ! $4.659B | |||
| Open | High | Low | Value | Volume |
| $5.75 | $5.82 | $5.56 | $33.96M | 6.031M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 36014 | $5.56 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $5.60 | 6192 | 2 |
View Market Depth
| Last trade - 16.14pm 23/06/2025 (20 minute delay) ? |
| WHC (ASX) Chart |