BHP seeking $5b for the mines, WHC has ~$2b, but worth remembering that they could not renegotiate the bank credit line they had and subsequently lost that credit facility (banks won't lend to them for reasons around ESG). I don't think management is that wet behind the ears to think they can raise > $3b in equity to buy both mines. If the article in the Australian is correct then why would BHP sell the assets to WHC as they are the under bidder for each of the mines.
BHP seeking $5b for the mines, WHC has ~$2b, but worth...
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Last
$7.25 |
Change
-0.020(0.28%) |
Mkt cap ! $6.065B | |||
| Open | High | Low | Value | Volume |
| $7.24 | $7.33 | $7.10 | $36.97M | 5.108M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 4799 | $7.25 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.26 | 740 | 1 |
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| Last trade - 16.10pm 02/10/2024 (20 minute delay) ? |
| WHC (ASX) Chart |