WHC 0.20% $7.56 whitehaven coal limited

BHP seeking $5b for the mines, WHC has ~$2b, but worth...

  1. 177 Posts.
    lightbulb Created with Sketch. 53
    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.

 
watchlist Created with Sketch. Add WHC (ASX) to my watchlist
(20min delay)
Last
$7.56
Change
-0.015(0.20%)
Mkt cap ! $6.387B
Open High Low Value Volume
$7.64 $7.67 $7.55 $7.062M 927.6K

Buyers (Bids)

No. Vol. Price($)
28 31362 $7.55
 

Sellers (Offers)

Price($) Vol. No.
$7.56 12344 24
View Market Depth
Last trade - 11.49am 21/05/2024 (20 minute delay) ?
Last
$7.58
  Change
-0.015 ( 0.35 %)
Open High Low Volume
$7.63 $7.67 $7.55 1267796
Last updated 12.10pm 21/05/2024 ?
WHC (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.