We need long periods of high prices for these assets to re-rate. I would say it is not going to be a day to day thing on short term price moves.
The market is aware that coal prices are higher (SP <$1.00 -> $2.00) - whether we have a re-rate of the assets is going to be determined by whether this price is a spike or a long term trend.
The company should be making a lot of cash with these prices. Whether or not we benefit as shareholders depends on the effectiveness/capital allocation of management.
We need long periods of high prices for these assets to re-rate....
Add WHC (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$6.86 |
Change
-0.070(1.01%) |
Mkt cap ! $5.739B | |||
| Open | High | Low | Value | Volume |
| $7.00 | $7.02 | $6.80 | $39.73M | 5.777M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 100 | $6.86 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.88 | 8721 | 3 |
View Market Depth
| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| WHC (ASX) Chart |