WHC 2.06% $6.95 whitehaven coal limited

Only been trading whc since mid 19 (a short time), and still...

  1. 43 Posts.
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    Only been trading whc since mid 19 (a short time), and still holding (back in at 3.53 earlier this week).
    First traded around 3.50......I thought was cheap at 3.20, then 3.00, then 2.75, then 2.53 and now at 2.45. Using trading methods, taking a few risks and a dividend ive managed to remain in front. Just.

    I realise there is a lot of negative sentiment towards coal, and in 20 plus years the thermal coal industry may be limited.

    But, Id like to ask;

    1. Is it still inspiring that a Director bought $30 million @ 3.20 back in November 19?

    2. Is it logical to be of the opinion this is a contrarian stock, and once the reality that market demand for coal is still indeed a reality, we could see the recent trend reverse?

    3. Has anyone noticed of late there are a few pieces of information stating WHC and coal industry in general is possibly heading for a rebound in 2020?

    I realise there is much more to all of this industry, some known, some unknown and some are cyclical, so I dont intend this to be informative or claim to be well versed, just hoping for some feedback, to learn more and discussion for all.
 
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Last
$6.95
Change
0.140(2.06%)
Mkt cap ! $5.814B
Open High Low Value Volume
$6.78 $6.96 $6.76 $26.35M 3.823M

Buyers (Bids)

No. Vol. Price($)
1 3000 $6.94
 

Sellers (Offers)

Price($) Vol. No.
$6.95 25578 8
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Last trade - 16.10pm 01/11/2024 (20 minute delay) ?
WHC (ASX) Chart
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