WHC 1.16% $7.70 whitehaven coal limited

Target $9.36, page-1005

  1. 709 Posts.
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    I don't think this really matter though.

    Whenever there is a change in the government take anywhere people raise sovereign risk, note capital is mobile etc (happened with WA gold tax, Labor's 2010 RSPT, recent UK energy tax etc). In the end people will still invest where the better resources are as these risks are global.

    Depressingly that our state and federal governments keep dipping into the mining and petroleum industries to bail out their budgets, but this is going to keep happening.

    Last edited by saracenm: 21/06/22
 
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