The market is lumping coking coal and iron ore together as both are ingredients for steel making but very different. - Iron ore is being hit by oversupply problems - large stockpiles and future mines coming on stream - Coking coal does not have these issues - it is getting increasingly harder to start new mines - It will take the market a while to figure this out but yes this is a good buying opportunity
The market is lumping coking coal and iron ore together as both...
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Last
$7.70 |
Change
0.000(0.00%) |
Mkt cap ! $6.441B | |||
| Open | High | Low | Value | Volume |
| $7.72 | $7.79 | $7.66 | $18.32M | 2.378M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 30034 | $7.70 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.71 | 32743 | 7 |
View Market Depth
| Last trade - 16.10pm 14/06/2024 (20 minute delay) ? |
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Last
$7.69 |
Change
0.000 ( 0.33 %) |
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| Open | High | Low | Volume | ||
| $7.72 | $7.78 | $7.66 | 438624 | ||
| Last updated 15.59pm 14/06/2024 ? | |||||
| WHC (ASX) Chart |