WHC 0.13% $7.63 whitehaven coal limited

coal up again strongly o/n - spot now 76.50 and Jan forward...

  1. CEM
    687 Posts.
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    coal up again strongly o/n - spot now 76.50 and Jan forward 77.80!!

    not sure why it isn't but at these coal prices WHC should be at least $2! last time it was $2 coal was $69

    set up now as well with China being short coal is prices should sustain this rally well into first qtr next year.

    always difficult to forecast where a share price should be but if coal prices keep ratcheting up like this one could suggest WHC could see $3 again very easily. at the very least it is fair to say it is higher in the future based on today's coal price and coal market structure right now.....
 
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