I suspect the sell down in Adani last week resulted in WHC and other coal producers being sucked down by trend following algo quants shorting anything that resembled a peer. Aus government policy (or lack of) isn't helping WHC neither is a stronger Aussie dollar.
I'm expecting a big rally this week and not afraid to buy hard into any weakness should further dip buying opportunities arise, it's a super cheap value stock surrounded by a couple of moats.
US coal producers all closed strongly on Friday, ARLP up 10% after hours, Peabody up 2.5%, Consol up 2.4%.
I suspect the sell down in Adani last week resulted in WHC and...
-
- There are more pages in this discussion • 5,978 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add WHC (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$7.48 |
Change
0.150(2.05%) |
Mkt cap ! $6.257B | |||
| Open | High | Low | Value | Volume |
| $7.54 | $7.54 | $7.41 | $40.98M | 5.449M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 4485 | $7.45 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.48 | 14075 | 2 |
View Market Depth
| Last trade - 16.10pm 16/08/2024 (20 minute delay) ? |
| WHC (ASX) Chart |