WHC 1.16% $6.82 whitehaven coal limited

IBES Report in - WHC is a Buy, page-129

  1. 15,215 Posts.
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    The biggest issue was coal price, they are a price taker as they are a mine, so they had strong sales, but revenue was greatly diminished due to coal price, and net profit was hit hard because of coal price (revenue) and previous CAPEX funded by debt. They have the mines and operations in place, so they are well positioned for greater profitability when coal prices increase again.
 
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