Sure this affects onshore Chinese coal prices which were already at a huge premium to seaborne Newc.
WHC doesn't sell any coal into China.
$3.20 = 2x EBIT @ $180USD and a 10-25% dividend yield at cost depending on 20-50% NPAT as per company policy. We are still way above $200 USD and there is huge demand in Asia ex China as the price of gas is far far higher.
Sure this affects onshore Chinese coal prices which were already...
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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 | $25.93M | 3.268M |
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| No. | Vol. | Price($) |
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| 1 | 2345 | $7.98 |
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| Price($) | Vol. | No. |
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| $7.99 | 3629 | 1 |
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| 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 |