WHC 0.38% $7.95 whitehaven coal limited

Jrowl,I sincerely like reading your posts, however I think we...

  1. 90 Posts.
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    Jrowl,

    I sincerely like reading your posts, however I think we look at the world from a different angle.

    It all depends on where you think the trend is heading, its about being logical about the stock you are trading. The shorts are now well and truely back in camp, I'm one of them - please don't disparage me as someone had to sell to you when you purchased today. IMO WHC has fundamental balance sheet problems and until those are resolved these problems will lead to under performance.

    Big dividends (at the wrong time), poor capital investment decisions, poor working capital management (did you see the stock build last qtr?) and most of all poor cost management puts WHC where it is today. The fines and costs from the environment court (in relation to the Narrabri issue) this half could exceed last years reported profit?

    DYOR - you might be surprised.

    Good luck to all the loyal longs, and to who ever try to report me to the moderator.

    Cheers

    Robin
 
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$7.95
Change
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$8.00 $8.04 $7.88 $25.32M 3.182M

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1 10000 $7.94
 

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Price($) Vol. No.
$7.98 16494 3
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Last trade - 16.10pm 06/05/2024 (20 minute delay) ?
Last
$7.94
  Change
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