WHC 1.18% $7.72 whitehaven coal limited

Target $18.72, page-6417

  1. 697 Posts.
    lightbulb Created with Sketch. 110
    Not sure I understand...When coal prices were 300+ risk was to the downside for the coal price and therefore WHC, at 135 far less downside risk and potentially more upside risk, doesn't that make WHC a less risky investment now? Also coal prices of 300+ were destroying economies and encouraging politicians to do crazy things such as QLD royalties, as well price caps etc. I fell a lot more comfortable with range bound coal prices between here and say 250.
 
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