WHC 1.13% $7.89 whitehaven coal limited

"Wow - a Sea of Red - can’t understand the market - coal stocks...

  1. 258 Posts.
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    "Wow - a Sea of Red - can’t understand the market - coal stocks are swimming in cash and no debt - no bank issues so why are we part of the market crash"

    Your answer is too simple to be worth repeating: ''only when the tide goes out we get to see who is naked'' , large portion(s) of financial world are spec and debt fueled margin instruments through a super crazy complex web of dependencies creators themselves can not understand

    Do look at SVB collapse .......... two weeks before going under everybody including top US officials dismissed it like a fantasy bull.

    Why do you think WHC SP should be logical in this environment?

    I assume WHC may be worth double (I hope it is?) current SP but fresh sellers are in dire need of cash NOW, not tomorrow when is too late
 
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