Yep, lots of people don't seem to understand how the coal market works and get it mixed up with iron ore - both do come out of the ground, but only some of them come together later to make steel. I wouldn't be surprised if there is some on selling going on in these markets, which further dilutes any short term analysis.
The current drop in the WHC share price I think has no true basis at the moment wrt to their business fundamentals.
As always DYOR.
Target $4.61, page-1409
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 (20min delay)
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Last
$8.97 |
Change
-0.020(0.22%) |
Mkt cap ! $7.504B | |||
| Open | High | Low | Value | Volume |
| $8.97 | $9.08 | $8.94 | $35.74M | 3.977M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 7560 | $8.96 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $8.97 | 14961 | 3 |
View Market Depth
| Last trade - 16.10pm 09/07/2024 (20 minute delay) ? |
| WHC (ASX) Chart |