WHC produces coal at a cost of about US$65. So the chart leaves a lot of downside before WHC is worried. I flagged this a while ago but watch the muppets come out of the woodwork flagging coal is dead when inevitably prices drop back down to long term levels. The coal price could halve tomorrow to US$120 and WHC would still be generating over $1B profit per annum.
Target $4.61, page-2670
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Last
$7.16 |
Change
0.020(0.28%) |
Mkt cap ! $5.990B | |||
| Open | High | Low | Value | Volume |
| $7.10 | $7.16 | $6.84 | $72.74M | 10.29M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 3922 | $7.12 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.16 | 2173 | 1 |
View Market Depth
| Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
| WHC (ASX) Chart |