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1.46%

$7.41 whitehaven coal limited

NEWC6000 up 5% last week, yet WHC down 10% (15% if you count the...

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FFailings

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26/06/22

18:15

Post #: 62213466
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NEWC6000 up 5% last week, yet WHC down 10% (15% if you count the previous Friday as well). good work

Originally posted by stockpanther: ↑

Whitehaven share price is starting to look really silly after this recent decline

current WHC market cap is $4.4bn

conservatively estimate that they have $0.7bn net cash at end of June qtr (they had $161m cash on 18th April and since then have spent a further ~$250m on share buy backs but should’ve accumulated another ~$800m in cash assuming they hit 3.5mtpa of equity production in the quarter)

net of cash Whitehaven is then presently valued at $3.7bn. This is a little less than 1x multiple of post-tax cash lows assuming current spot prices continue and 14mtpa equity production per annum.

this is the most compelling the the investment thesis for Whitehaven has looked in a couple of months now.

I topped up at $4.56 on Thursday, just a bit nervous of macro recession risk given how many $$ I have invested…at this price though relative to current coal prices it’s a punt worth taking.

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WHC Price at posting: $4.52 Sentiment: None Disclosure: Not Held
3 Upvote

0 Great analysis

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(20min delay)
Last $7.41		Change -0.110(1.46%)		Mkt cap ! $6.199B

Open	High	Low	Value	Volume
$7.58	$7.58	$7.40	$30.15M	4.052M

Buyers (Bids)

No.	Vol.	Price($)
10	211007	$7.40

Sellers (Offers)

Price($)	Vol.	No.
$7.41	4070	1

View Market Depth

No.	Vol.	Price($)
7	191859	7.400
3	9096	7.390
3	31036	7.380
6	48816	7.370
5	25600	7.360

Price($)	Vol.	No.
7.410	4070	1
7.420	7011	3
7.440	26722	5
7.450	25433	3
7.460	19686	2

Last trade - 16.10pm 16/05/2024 (20 minute delay)


Last $7.41			Change -0.110 ( 1.12 %)
Open	High		Low	Volume
$7.58	$7.58		$7.40	1123053
Last updated 15.59pm 16/05/2024 ?

WHC (ASX) Chart