WHC 1.79% $7.98 whitehaven coal limited

In case anyone cares - chose to close my short on open today....

  1. 90 Posts.
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    In case anyone cares - chose to close my short on open today. The news that WHC has managed to re-negotiate their ICR covenant without the requirement for a capital raise is very good news for the Longs in WHC. Now all you need to worry about is the coal price and a potential asset write down at half year. Having said that expect that the shorter term risk for equity holders is now dealt with and a sp rally from here is possible.

    Good luck to the longs. DYOR.

    Cheers

    Robin



 
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