WHC 0.67% $7.36 whitehaven coal limited

Target $18.72, page-9400

  1. 1,563 Posts.
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    1. Yes, I agree.
    The institutions are, almost certainly, responsible for the massive 1.7.24 turnover of $81.49m- FAR too high for retail to be the driving force.

    This $81.49m is the highest, AFAIK, single day's trading for at least the last 6 months. If the SP again has a good increase on 2.7.24, with well above average daily turnover, it indicates, IMO, that WHC's SP, over the next month, will have a significant rise.



    2. This 1.7.24 abc.com video (speaking to locals):-

    . states that there are fears that Grosvenor could be closed "for a considerable amount of time"; others fear the closure will be permanent..

    . quotes Mining Union official S. Smythe that a similar explosion and fire at the nearby Morkinyella (?) met mine caused that mine to be closed for 4 years, before it could be re-opened.

    . interviews locals, who say they are fearing now the severe economic consequences, for their region, of a lengthy mine closure.

    Grosvenor Coal Mine fire continues to burn, sparking fears of explosion - ABC News
    (Go to 47 seconds, to 1 minute 25 seconds)
    Last edited by Montalbano: 02/07/24
 
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$7.36
Change
-0.050(0.67%)
Mkt cap ! $6.157B
Open High Low Value Volume
$7.43 $7.47 $7.26 $36.38M 4.967M

Buyers (Bids)

No. Vol. Price($)
1 1300 $7.33
 

Sellers (Offers)

Price($) Vol. No.
$7.37 46066 3
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