I have bitten the bullet and brought some NHC and WHC the past 2 days, i feel that with peabody etc filling for chapter 11 bankruptcy and numerious other mines shut down coal and good quality mines like WHC and NHC have will see greener pastures.
WHC riddled with debt but the quarterly report wasn't bad and production costs lowering on higher output bodes well to reduce debt pile.
It's early days but i feel the coal bottom has been called and a steady lift from here will occur in AUD terms.
GLAH
Taking a punt on WHC
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Last
$6.01 |
Change
0.245(4.25%) |
Mkt cap ! $5.002B | |||
| Open | High | Low | Value | Volume |
| $6.01 | $6.05 | $5.90 | $40.62M | 6.789M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 27 | 33409 | $6.00 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.01 | 70107 | 61 |
View Market Depth
| Last trade - 13.42pm 13/09/2024 (20 minute delay) ? |
| WHC (ASX) Chart |