Yes you are right, happy to be wrong on this one as sometimes when a prediction is made it is wrong but of course if you never make a prediction then you are never wrong, it's a very safe approach. Even the party has been wrong before you know that.
How long will the $300+ prices last is the key question and if WHC will keep their production forecast to take full advantage of the prices or if the weather and COVID will be reasons in the next quarterly update for not reaching forecast. What do you reckon, care to have an opinion? WHC are no YAN Coal when it comes to production capability and it reflects in the share price comparison of the 2 companies.
On another note WHC don't need to spend the $400 Mil on buybacks if the SP is within the levels of their satisfaction so the recent rise could save some of this money. They really need to get going with one of their new mines.
Yes you are right, happy to be wrong on this one as sometimes...
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Last
$7.48 |
Change
0.150(2.05%) |
Mkt cap ! $6.257B | |||
| Open | High | Low | Value | Volume |
| $7.54 | $7.54 | $7.41 | $40.98M | 5.449M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 4485 | $7.45 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.48 | 14075 | 2 |
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| Last trade - 16.10pm 16/08/2024 (20 minute delay) ? |
| WHC (ASX) Chart |