WHC 0.46% $7.63 whitehaven coal limited

Target $18.72, page-94

  1. 123 Posts.
    lightbulb Created with Sketch. 106
    Hi folks

    The company has stated that it wants to complete this BB by the time of the AGM.

    A few on HC have stated that there will be a blackout period after 30 Sept (which seems to make sense).

    As of Friday, they had 8,909,606 shares still to be bought.

    To complete the BB by this Friday, the 30th, they need to average 1.78m shares for the 5 days this week.

    They have been very clear about their intentions so I think they will purchase all 8.9m this week. This is particularly so as I am sure they expect the share price to go much higher with the next BB. So, I think they will pay whatever it takes to be able to finish the BB and to be able to go to the AGM and tell the world this.

    This should help keep our share price very steady, or maybe in the green, until the end of the week. This would be a fantastic result given the state of the markets.


 
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$7.63
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$7.75 $7.78 $7.56 $12.21M 1.599M

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26 12749 $7.62
 

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$7.63 15594 39
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