The coal price risk might have been to the downside, but the PE's of the coal stocks were at like 2-3, well below historical averages.
Of course you would feel more comfortable with coal prices almost $115USD higher than what they are currently at. What holder wouldn't be? Id probably be a holder too if coal prices were at $250USD and the share price was in a good zone for buying.
Target $18.72, page-6421
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Last
$7.32 |
Change
-0.095(1.28%) |
Mkt cap ! $6.132B | |||
| Open | High | Low | Value | Volume |
| $7.43 | $7.47 | $7.28 | $14.55M | 1.984M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 12 | 7587 | $7.31 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.32 | 16031 | 25 |
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| Last trade - 12.22pm 20/08/2024 (20 minute delay) ? |
| WHC (ASX) Chart |