WHC 1.04% $7.62 whitehaven coal limited

Agreed Vanguardian! Newc futures stabilised well last night. Feb...

  1. 569 Posts.
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    Agreed Vanguardian! Newc futures stabilised well last night. Feb slightly green, March up 7.6%, Apr up 8.9% and May up 5.3%. Interesting to note the futures are over 200usd again out to April 24 so i think fair to say (a) the futures are fickle and the fall overdone, (b) Adani desperation has added to the recent fall and is a short term impact (c) given current cash balance and div announcement this week that the shorters that didnt close on Friday would be a tad nervous over the weekend

    d
    https://hotcopper.com.au/data/attachments/5045/5045100-eb0f209edebe725e479038e5aa3d94bd.jpg


 
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