Price target increased by 10% to $1.10, page-14

Wouldn't it be safer to wait till then? askno buy back, s barret
Nothing is safe in this climate ( barring gold) .
The chutzpah from the CEO Flynn tells me that Whitehaven will do nothing with respect to capital management : no buy back, no dividend, no equity issues so that removes one layer of uncertainty.
But as Macquarie have said : ' you cant resist the headwinds ' . But Whitehaven evidently is!
What whitehaven could do is elaborate their forward sales and currency hedging strategy . Their use of the futures market and other derivative markets to give us an insight into how they might maintain margins ( presently $13/tonne) . But CEO Flynn evidently is going to sit it out. The stockmarket values his company at $400 million but the auditors value it at $2.9 billion.
What is clear is that this is dangerous territory for the shorters ..as the shorter who hit the stock down to 37 yesterday would have to confirm.
is it safer to wait for noMan Napier to liquidate ..yes but how and when will you know ?