WHC 0.00% $7.61 whitehaven coal limited

News: WHC UPDATE 1-Australia's Whitehaven Coal annual profit jumps 37% on strong prices, page-104

  1. 120 Posts.
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    The way I see it is that no-one knows what will happen to the share price over the next 6 months, 3 months or even 1 month. Look at the fluctuations over the month of August alone.

    What I do know is that buying shares at today's prices you will get a 9% return (including franking) in just 3 weeks (see, I can predict the future).

    So, with a 9% return, you can sit back and watch all sorts of developments over the next 6 months. If management (and others) are even half right about the coal price over the next few months, then there is a big chance you will get all of your capital back, on top of the 9%.

    So, I have been buying.
 
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