WHC 5.97% $6.14 whitehaven coal limited

Target $18.72, page-7227

  1. 2,056 Posts.
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    @Dejavoo

    Ill reply here. I did say I'd be tempted to jump in should WHC hit the $7.00 mark. I guess I'm still a little reluctant with the thermal coal price dropping another $30USD down to $120USD. And the Aussie dollar has also strengthened slightly as well. So, I still wouldn't jump back in yet, but I think the downside potential is certainly limited. I can't see this dropping below $6, but I could be wrong. That being said, if you're in this for the dividends, I think the next 18 months to 2 years will be much smaller dividends than previous. Maybe 20c FF for the half year if you're lucky.
 
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$6.14
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$6.20 $6.26 $6.12 $61.80M 10.00M

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