Yes, current spot prices won't be felt until the next quarter. With a sharp increase in coking prices management will likely revert back to selling 20-25% of their coal on the coking market. Overall thermal price drop will not be as significant as some might expect, unless thermal prices drop under $150/t and stay there. IMO thermal prices do feel suppressed, with more upside potential than downside.
Yes, current spot prices won't be felt until the next quarter....
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Last
$6.97 |
Change
-0.170(2.38%) |
Mkt cap ! $5.856B | |||
| Open | High | Low | Value | Volume |
| $7.10 | $7.12 | $6.84 | $21.18M | 3.030M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 28 | 18657 | $6.96 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.97 | 14627 | 27 |
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| Last trade - 11.47am 04/10/2024 (20 minute delay) ? |
| WHC (ASX) Chart |