WHC 1.38% $7.15 whitehaven coal limited

That small blip up in July is your "supply constraint" from...

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    That small blip up in July is your "supply constraint" from Grosvenor. The trend then has continued downwards. Bearing in mind that had you purchased WHC at that July peak, you're now down a cool 20%.

    In almost every commodity, there are people screaming a lack of supply. Lithium, Uranium, Copper, etc etc.

    China output looks subdued in the short term. Costs going up for WHC. This is still a sell. Dividends will be "light" for the next 18 months. Too many McExperts keep yelling about the huge dividends form Coal miners, despite YAL scrapping theirs (separate issue) and WHC yielding ~3.5% on its current price, assuming the next dividend is the same. HISA are paying 4.5% with no risk.


 
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