WHC 0.39% $7.80 whitehaven coal limited

I couldn't care less about any of this, except your declaration:...

  1. 5,018 Posts.
    lightbulb Created with Sketch. 5048
    I couldn't care less about any of this, except your declaration: "I know FA about coal" which I won't argue with you on. What's not so clear is why you keep carrying on about short term traders - that is exactly what you appear to be, trying to short or go long for pips. Since re-entering the stock (I sold my original position between Oct-Dec 2022) I have been a buyer only, but has to be at the right price. This is why I won't be too unhappy if the BMA aspect of the quarterly disappoints tomorrow and the stock takes a hit (however the hit likely won't be big enough to get it to my top-up zone, but this is a cyclical business so you just have to be very patient). This is not being a sheep or a trader or a doom-and-gloomer. Unless you're completely new here, you will know WHC have a long history of production/guidance downgrades. Here is the proof in the pudding:

    https://hotcopper.com.au/data/attachments/6319/6319665-23a5e45485799df67d52759baa619df6.jpg

    What is interesting is that for the first time in six long years, WHC are looking like they'll actually make it an entire FY without having to downgrade guidance. Based on the March quarterly cumulative totals, on a ROM basis YTD they have done 14.7Mt so if they can at least match June 2023 of 5.0Mt then they'll hit 19.7Mt for FY24 which would be bang on the midpoint (original: 18.7 - 20.7).
 
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Last
$7.80
Change
0.030(0.39%)
Mkt cap ! $6.525B
Open High Low Value Volume
$7.82 $7.95 $7.74 $34.20M 4.362M

Buyers (Bids)

No. Vol. Price($)
4 3528 $7.77
 

Sellers (Offers)

Price($) Vol. No.
$7.81 12070 2
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Last trade - 16.10pm 26/07/2024 (20 minute delay) ?
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