WHC 1.82% $7.84 whitehaven coal limited

So many weak hands. It reminds me of October 2021, when everyone...

  1. 831 Posts.
    lightbulb Created with Sketch. 26
    So many weak hands.

    It reminds me of October 2021, when everyone panicked and sold. This is when China attempted to 'influence the market' by manipulating futures/price controls etc.

    China is now entering the Aust coal market. Is it surprising that the futures market is all over the place? They may influence the futures market for a period of time, but ultimately, it's the volume of coal that will control prices.

    If the futures markets aren't pricing coal properly. I would be interested to know if WHC is selling under contracts, outside of the futures.
 
watchlist Created with Sketch. Add WHC (ASX) to my watchlist
(20min delay)
Last
$7.84
Change
0.140(1.82%)
Mkt cap ! $6.558B
Open High Low Value Volume
$7.70 $7.91 $7.69 $32.80M 4.171M

Buyers (Bids)

No. Vol. Price($)
1 9995 $7.84
 

Sellers (Offers)

Price($) Vol. No.
$7.85 8800 1
View Market Depth
Last trade - 16.10pm 02/05/2024 (20 minute delay) ?
Last
$7.87
  Change
0.140 ( 2.63 %)
Open High Low Volume
$7.70 $7.91 $7.69 934157
Last updated 15.59pm 02/05/2024 ?
WHC (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.