If they locked in 75% of next 5 years production, they'd need to short 0.75*5*15= 56Mt of newc paper. If then prices surged another $100/t, they'd be required to cough up 5.6Bn in cash which would definitely be the end of whc hence not such a great idea.
If they locked in 75% of next 5 years production, they'd...
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Last
$7.63 |
Change
0.140(1.87%) |
Mkt cap ! $6.383B | |||
| Open | High | Low | Value | Volume |
| $7.59 | $7.65 | $7.52 | $30.32M | 3.990M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 110097 | $7.61 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.63 | 13368 | 2 |
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| Last trade - 16.10pm 09/08/2024 (20 minute delay) ? |
| WHC (ASX) Chart |