WHC 0.28% $7.16 whitehaven coal limited

Target $4.61, page-1608

  1. Nez
    613 Posts.
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    Yes, I believe that graph. It's from the RBA's August chart pack, it's def old data as it's still showing spot price around $130 - but it's the best I could find.
    .
    What it is showing is WHC share price is lining up with the export price which makes sense - the share price is reflecting what WHC is actually getting paid for their coal instead of what it 'could' be worth according to the spot price. Obviously the export price is lagging - why I don't know maybe someone can explain - and surely WHC is getting much higher than $75. But does show clearly that the smart money is not interested in what they 'should' be getting but what they 'are' getting. Just my thoughts.
 
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