I feel that if coal price remains steady, share price should move up
why?
some of the beating this stock has endured was due to the increasing debt levels and risk for a share issue to boost liquidity.
The longer we see these healthy and highly profitable coal prices the less risk and the better overall shape whc will be in.
Another factor is that the wider be market will probably need to
regain confidence in coal after all the negative news on china and other markets aiming for 0 emissions.
IBES Report in - WHC is a Buy, page-1112
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Last
$7.63 |
Change
0.010(0.13%) |
Mkt cap ! $6.383B | |||
| Open | High | Low | Value | Volume |
| $7.49 | $7.65 | $7.43 | $26.82M | 3.533M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 30420 | $7.62 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.64 | 32900 | 5 |
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| Last trade - 16.10pm 27/06/2024 (20 minute delay) ? |
| WHC (ASX) Chart |