WHC 0.22% $8.94 whitehaven coal limited

does anyone know the sudden reason for the 7% drop?, page-33

  1. 918 Posts.
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    I am climate change agnostic on my investment in WHC and NHC.

    climate change transition was always going to bring about capital return events.

    The current energy crisis has more than exponentiated upside from this.

    a new labor government knows its budget relies on commodities related inflows - including thermal coal. It is not stupid ideologically positioned to throw out that benefit for the totemic carbon reduction number.

    Whilst the greens might squeeze them in the Senate - Labor doesn't need to change the current settings if it risks them being locked into esg driven ideology fiscal policy that reduces budget inflows. It is not as if our economy has more levers outside of commodities and housing speculation.
 
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