if you look up coal price over ten years and Australian coal company share prices you will see a very clear correlation. At US 150 the coal price is still extremely high in historic context. Last time WHC was above $5 2018 coal price was US $110-125. However the market isn’t responding as before as the mid term political headwinds in particular under a labor government are having a chilling effect on price.
I think good results and sustained dividend position will turn things around. As for my previous comments look them up
if you look up coal price over ten years and Australian coal...
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$7.70 |
Change
0.010(0.13%) |
Mkt cap ! $6.441B | |||
| Open | High | Low | Value | Volume |
| $7.74 | $7.74 | $7.64 | $35.03M | 4.557M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 36489 | $7.69 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.70 | 12215 | 3 |
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| WHC (ASX) Chart |