Coking coal prices keep falling. The company is now debt free and can still make money at these depressed prices, If coking coal falls another 30% then they are at break even. The problem also seems that India wants to tariff foreign coal and China is hitting its limits. I could see this go as low as $3.00 which would be a strong buy at these levels as the mines are very high quality. After all it just sold 20% of the Blackwater mine for USD 1.00 billion.
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Last
$5.65 |
Change
-0.070(1.22%) |
Mkt cap ! $4.726B | |||
| Open | High | Low | Value | Volume |
| $5.69 | $5.72 | $5.55 | $42.95M | 7.621M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 18777 | $5.63 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $5.66 | 31156 | 7 |
View Market Depth
| Last trade - 16.10pm 13/06/2025 (20 minute delay) ? |
| WHC (ASX) Chart |