It was obvious to me and IMO from looking at their financials that if the covenant was on "industry standard basis" that this was something they needed to do. In light of the debt level, the stated higher interest cost due to low EBITDA margin, and potential low profitability in a low coal price environment moving toward the end of the year.
DYOR as always and good luck to the longs.
It was obvious to me and IMO from looking at their financials...
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Last
$7.95 |
Change
-0.030(0.38%) |
Mkt cap ! $6.642B | |||
| Open | High | Low | Value | Volume |
| $8.00 | $8.04 | $7.88 | $8.043M | 1.012M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 33 | 12875 | $7.95 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.96 | 13161 | 40 |
View Market Depth
| Last trade - 13.17pm 06/05/2024 (20 minute delay) ? |
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Last
$8.01 |
Change
-0.030 ( 0.24 %) |
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| Open | High | Low | Volume | ||
| $8.00 | $8.03 | $7.88 | 343486 | ||
| Last updated 13.40pm 06/05/2024 ? | |||||
| WHC (ASX) Chart |