For quite some time larger shareholders have been selling out their shares in whc to be transference to moms snd dad investors. This has lead to a structural undervaluation of sp and disconnect of sp to coal price correlation.
Therefore I'm quite pleased with the announces share buy back scheme which should reduce the downward pressure and allow sp to more closely follow coal prices. If it truly did that, whc would be worth a fortune but guess that esg pressure will be here to stay unfortunately. Nonetheless I'm still confident sp will be heading $5+ and hence in any case I will not be selling below 4-4.50. If it doesn't reach those levels I have no other choice to hold on and cash in on divi's for the next couple of years, that's fine too as frustrating as it may be.
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$7.65 |
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Open | High | Low | Value | Volume |
$7.69 | $7.71 | $7.64 | $24.66M | 3.217M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 22151 | $7.64 |
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Price($) | Vol. | No. |
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$7.66 | 12306 | 2 |
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No. | Vol. | Price($) |
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1 | 5000 | 7.640 |
5 | 3080 | 7.630 |
1 | 1000 | 7.620 |
2 | 2065 | 7.610 |
2 | 11000 | 7.600 |
Price($) | Vol. | No. |
---|---|---|
7.670 | 9000 | 1 |
7.680 | 7000 | 2 |
7.690 | 5500 | 3 |
7.700 | 24000 | 3 |
7.740 | 5000 | 1 |
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