it took a lot of buying power to reduce the Supply of sellers at $8... but now we are through and should continue to run to $9 which will be our next strong resistance level.
Strong resistance is generally found at round numbers .
Of course I'm not saying that strong and improving fundamentals are not continued major drivers ...such as hopefully the Blackwater mine restructuring process which should inject a substantial cash sum from equity sales of 20% or even 30% and of course the added sales of coal from the purchased mines.
We await the conclusion of the contractual process and hopefully a welcome result!!
it took a lot of buying power to reduce the Supply of sellers at...
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Last
$5.52 |
Change
0.050(0.91%) |
Mkt cap ! $4.618B | |||
| Open | High | Low | Value | Volume |
| $5.48 | $5.57 | $5.45 | $29.26M | 5.305M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2400 | $5.52 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $5.53 | 6762 | 2 |
View Market Depth
| Last trade - 16.10pm 27/06/2025 (20 minute delay) ? |
| WHC (ASX) Chart |