WHC 1.17% $7.75 whitehaven coal limited

Goodness me, even if WHC managment was up to that level of...

  1. 5,191 Posts.
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    Goodness me, even if WHC managment was up to that level of planning, (so far unable to even comprehend anything beyond the remuneration report), do you really believe that any Govt (State or Federal) would provide a modicum of credible assurance as to future taxation policy to the benefit of a sector for which it is out to destroy. I understand your plight and anxiety with the WHC investment and the wealth destruction it has wreaked over the last 12 months, but if these reports are anywhere near the mark, the only winner is BHP with its usual aplomb in jettisoning obsolete and unprofitable coal mines to the likes of WHC. Read the room, those State and Federal Labor Govts are using taxation and royalties to obliterate the resources sector, with the coal sector squarely in the cross hairs.
 
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