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2.38%

$7.75 whitehaven coal limited

Downside?, page-615

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eztrang

3,973 Posts.

262

04/09/23

14:30

Post #: 69721918
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Originally posted by MirCat: ↑

You only lose $2-3 if you sell.In this case of WHC BB’s, it appears u only lose if u didn’t sell.

Teach me….the BB don’t go along with the theory that management believed its stock is undervalued.
Instead the market got that it was overvalued!

My understanding is the intention of the BB should send a message to the market that the stock is worth more or it least maintain near its peak value.

I have no trouble understanding that a stock drops approx the value of dividend paid out.

But it this case the BB’s had the reaction was similar to paying out a dividend.

It like the market is saying that the revenue or cash has been spent on some imaginary item.
Since the cash has be reduced the value of the company is worth less.

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The shares didn't go down because of the BB.
The share price went down beacuse the price of coal went down.

WHC Price at posting: $6.42 Sentiment: Hold Disclosure: Held
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(20min delay)
Last $7.75		Change 0.180(2.38%)		Mkt cap ! $6.483B

Open	High	Low	Value	Volume
$7.64	$7.77	$7.55	$43.10M	5.622M

Buyers (Bids)

No.	Vol.	Price($)
4	41228	$7.74

Sellers (Offers)

Price($)	Vol.	No.
$7.76	10033	2

View Market Depth

No.	Vol.	Price($)
2	14921	7.740
1	10000	7.730
5	44962	7.720
3	23334	7.710
4	19022	7.700

Price($)	Vol.	No.
7.770	14029	2
7.780	12629	2
7.790	19225	5
7.800	26971	9
7.810	7297	2

Last trade - 16.10pm 21/05/2024 (20 minute delay)


Last $7.75			Change 0.180 ( 2.60 %)
Open	High		Low	Volume
$7.63	$7.76		$7.55	2739804
Last updated 15.59pm 21/05/2024 ?

WHC (ASX) Chart

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