WHC 0.42% $7.19 whitehaven coal limited

Target $18.72, page-8321

  1. 5,428 Posts.
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    Well, dividend payment today, so holders will be receiving their statements. Read the statement carefully and witness where it was expended, ie the dividend you were entitled to, but denied. Derisory outcome for holders, WHC Board penchant for spraying valuable financial resources to external sources is there for all to witness eg executing brokers for blowing about $1Bn on that buyback, BHP for some overvalued and near obsolete mines, and a pot pourri of near indecipherable financial and borrowing arrangements that may well impact on the medium-term outlook, especially if the global economies enter a recession or worse.
 
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