WHC 1.17% $7.75 whitehaven coal limited

Target $18.72, page-113

  1. 563 Posts.
    lightbulb Created with Sketch. 313
    Hey folks, have seen a few comments about the buy-back (BB) that I think is worth clearing up.

    On-market BBs have strong regulations due to insider trading & market manipulation laws. As such, they are highly structured & automated using specific computer algos designed to target ~10% of daily liquidity at VWAP. This is to prevent companies manipulating SPs around time-sensitive events to achieve director performance bonuses etc.

    Unfortunately, there is no BB boy sitting at his intern desk eating a burger & manually entering in orders to make use of the SP weakness! frown.png

    However, the fact it's a high volume red day is definitely a positive for the BB. Cheers.
 
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Last
$7.75
Change
0.090(1.17%)
Mkt cap ! $6.483B
Open High Low Value Volume
$7.64 $7.77 $7.63 $24.54M 3.183M

Buyers (Bids)

No. Vol. Price($)
4 46128 $7.74
 

Sellers (Offers)

Price($) Vol. No.
$7.76 17705 4
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Last trade - 16.10pm 20/06/2024 (20 minute delay) ?
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