"Trying to pick the bottom leaves you with stinky fingers"
I couldn't even guess. It could have reached the bottom today. It could drop another 10% in the next few weeks.
Thats the thing with investing in commodity companies. Unless you are investing in a well diversified miner (BHP/RIO) or you got in very early (PLS at 10c, FMG at 10c) then in my opinion the best way to make money is by trading the stock.
My best guess is that the WHC share price will be trading sideways/slightly lower for the next 12 months at least (pending some great boom in coal prices).
The next dividend will be average ~20c max, but probably closer to 10c. Still not a terrible yield, but you can get better in a risk free term deposit.
"Trying to pick the bottom leaves you with stinky fingers"I...
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Last
$6.62 |
Change
-0.020(0.30%) |
Mkt cap ! $5.538B | |||
| Open | High | Low | Value | Volume |
| $6.67 | $6.70 | $6.60 | $26.40M | 3.975M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 17504 | $6.62 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.65 | 14785 | 2 |
View Market Depth
| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| WHC (ASX) Chart |