Thanks genius. That doesn't change any of the points I made.
The coking coal price fall is equally substantial.
The point I'm making is there doesn't appear to be an actual lack of supply. There may have been some shipping issues during covid, but thats it. I dont see any justification for claiming that supply is struggling to keep up with demand, when the prices of both coal types (and all grades) have fallen ~60%+ from their peaks. That doesnt currently sound like the supply is struggling. If there was a supply issue, then no coal mines would have any stockpiles, they'd be shipped as quickly as they can dig it out of the ground. That sounds like the perception of supply caused panic. Same with lithium, same with probably uranium.
- Forums
- ASX - By Stock
- Target $18.72
Thanks genius. That doesn't change any of the points I made. The...
-
-
- There are more pages in this discussion • 1,286 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add WHC (ASX) to my watchlist
(20min delay)
|
|||||
Last
$7.17 |
Change
-0.105(1.44%) |
Mkt cap ! $5.977B |
Open | High | Low | Value | Volume |
$7.24 | $7.26 | $7.10 | $9.175M | 1.281M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
6 | 7741 | $7.16 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$7.17 | 33432 | 20 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
8 | 6964 | 7.160 |
21 | 28621 | 7.150 |
14 | 22609 | 7.140 |
13 | 26942 | 7.130 |
12 | 41575 | 7.120 |
Price($) | Vol. | No. |
---|---|---|
7.170 | 30937 | 17 |
7.180 | 88072 | 18 |
7.190 | 23384 | 12 |
7.200 | 51789 | 19 |
7.210 | 11811 | 4 |
Last trade - 11.42am 02/10/2024 (20 minute delay) ? |
Featured News
WHC (ASX) Chart |
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
Previous Video
Next Video
SPONSORED BY The Market Online