WHC 2.43% $7.18 whitehaven coal limited

Target $18.72, page-10464

  1. 1,391 Posts.
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    Ok, coking coal prices still dropping, US market dropping. Is it the environment for WHC to rebound or find the bottom? Baybe short term relief but not the bottom…
    I think when FED will cut the interest rates we will see the bloodbath as it will be a take profit situation for the markets. It is on ATH because the interest rates cuts are already priced in and the first cut will be a “sell facts” situation. How WHC shares will react on this situation? We may see completely ridiculous evaluation here like $5 or even $4.5

    recession is coming
 
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