Thats exactly right JC -
From Shaw’s today:
Event :It’s been a while but coal prices (thermal and met) are ticking higher ... so best to check your shorts
Details· Could WHC – and the coal sector cohort - finally be catching a bid after the downdraft of the past 18 months?· Prices flattened out during DQ 2019 and turned higher in early New Year 2020... Thermal coal up ~12% from October low and met coal up ~10% YTD 2020.· Correlations 101. Worth noting that share price correlations are never perfect but they are a very handy guide to turning points and direction of trading. Share price vs blended revenue (propn mix of thermal and met) and Spot NPV are two good ones ... (see Figure 1 below)
Thats exactly right JC -From Shaw’s today: Event :It’s been a...
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Last
$6.86 |
Change
-0.070(1.01%) |
Mkt cap ! $5.739B | |||
| Open | High | Low | Value | Volume |
| $7.00 | $7.02 | $6.80 | $39.73M | 5.777M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 100 | $6.86 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.88 | 8721 | 3 |
View Market Depth
| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| WHC (ASX) Chart |