Coal is unfashionable. Hardly any fund will touch it. That's why the price is languishing. There is a mistaken belief that we will all be driving electric cars in five years time and that renewables will replace coal. There are two generations of Australians who have been brainwashed with utopian green propaganda... so much so that even bhp coal is full of office staff with masters degrees who believe the green nonsense about the end of coal..Be fearful when others are greedy and greedy when others are fearful. There is no better example of this Warren Buffet idiom than what we are seeing right now.
Coal is unfashionable. Hardly any fund will touch it. That's why...
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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) ? |
| WHC (ASX) Chart |