The benefit from the current high prices will be seen in several months.
From all the prior reports I have read it seems there is a 3-4 month delay before they get those prices.
The contracts they mentioned in that AGM would be to do with shipments not pricing.
Customers pre order their shipment cargoes but pay spot prices on the day.
Every high price on the ICE NEWC price chart will benefit WHC over the quarter, averaged against all other days.
Management is quiet capable, forthcoming and transparent IMO. Large debt pile they took in 2019 for dividends can be forgiven.
Target $4.61, page-6496
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Last
$7.12 |
Change
0.180(2.59%) |
Mkt cap ! $5.960B | |||
| Open | High | Low | Value | Volume |
| $7.00 | $7.17 | $6.99 | $42.98M | 6.071M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 14 | 16537 | $7.12 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.13 | 57924 | 37 |
View Market Depth
| Last trade - 15.48pm 27/09/2024 (20 minute delay) ? |
| WHC (ASX) Chart |