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....
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Last
$7.98 |
Change
0.140(1.79%) |
Mkt cap ! $6.676B | |||
| Open | High | Low | Value | Volume |
| $7.88 | $8.00 | $7.82 | $25.93M | 3.268M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2345 | $7.98 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.99 | 3629 | 1 |
View Market Depth
| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
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Last
$7.98 |
Change
0.140 ( 1.59 %) |
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| Open | High | Low | Volume | ||
| $7.89 | $8.00 | $7.82 | 1002222 | ||
| Last updated 15.59pm 03/05/2024 ? | |||||
| WHC (ASX) Chart |