WHC 0.40% $7.49 whitehaven coal limited

It's essentially a blended 3 month contract from what I...

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    It's essentially a blended 3 month contract from what I understand so we miss the top somewhat but we also miss these lows. It will likely pick up from $190-200/tonne on NEWC. Some companies like NHC hedge with paper futures a little. All in all these price drops won't matter a huge amount if things bounce which they often do.
 
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