WHC 2.83% $6.53 whitehaven coal limited

strong follow through day after day. seems $9.50 a real...

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    strong follow through day after day. seems $9.50 a real possibility based on recent move.

    tail winds are strong;
    - coal easily above $400 and rising in shoulder season. over $400 out till Dec 2022. Going to $500?
    - full year results 25th August with divvie (40-50c is my guess)
    - buy-back starts again on 26th August with 26.9M shares still to be purchased of the 10% total
    - probably around $1.5B net cash atm and rising fast
    - operations full steam ahead with no weather delays
    - strong YAL result & NHC also ripping to new highs as well

    would think a few funds are building short & medium term positions on this now.
    wouldn't be surprised to see a pull back closer to end of month but until then, full steam ahead!
 
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