For me Bear case would be coal price dropping to about 250 USD. Still very high historically. Bull case we are already seeing prices of around 430 USD, I can see 500 on the cards. I can also see AUD dropping below covid low of around 0.57 so we could easily see 1000AUD coal…amazing. Major risk IMO is a crazy royalty/tax Graf ala QLD. Oil went up 20 dollars last week so clearly in energy bull market so wouldn’t worry too much about small dips here and there and investors needy to realise WHC is a very volatile stock with 20percent intraday moves normal.
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For me Bear case would be coal price dropping to about 250 USD....
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No. | Vol. | Price($) |
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2 | 17976 | 7.240 |
3 | 32125 | 7.220 |
1 | 29137 | 7.210 |
5 | 124066 | 7.200 |
Price($) | Vol. | No. |
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7.260 | 740 | 1 |
7.270 | 10894 | 3 |
7.280 | 1000 | 1 |
7.290 | 12988 | 4 |
7.300 | 48137 | 6 |
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