I think it is quite likely one orvtwo of the larger shareholders have decided to leave the thermal coal space and flooding the market with whc shares.
It obviously makes very little sense otherwise considering a 90$/t price for standard newcastle coal.
To me the most important thing is that whc is making massive amounts of cash and as shareholders part of that will ultimately come our way one way or another. Try and ignore the noise.
I think it is quite likely one orvtwo of the larger shareholders...
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Last
$7.60 |
Change
-0.035(0.46%) |
Mkt cap ! $6.358B | |||
| Open | High | Low | Value | Volume |
| $7.69 | $7.69 | $7.56 | $4.164M | 546.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 17 | 20272 | $7.58 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.60 | 25655 | 27 |
View Market Depth
| Last trade - 10.50am 31/07/2024 (20 minute delay) ? |
| WHC (ASX) Chart |