WHC 1.59% $7.69 whitehaven coal limited

Curious to understand the valuation on this stock. In today's...

  1. 137 Posts.
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    Curious to understand the valuation on this stock.

    In today's announcement WHC has sold a 10% stake in Maules Creek (a mine in development) for $375 million. Would this not value Maules Creek at $3.75 billion of which WHC currently has 85% (before this sale)?

    Interstingly, WHC has 5 producing mines and 2 mines in development yet the whole market cap for the stock is $3.9 billion.

    It just does not make sense????
 
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Last
$7.69
Change
0.120(1.59%)
Mkt cap ! $6.433B
Open High Low Value Volume
$7.56 $7.71 $7.52 $39.66M 5.184M

Buyers (Bids)

No. Vol. Price($)
2 12500 $7.68
 

Sellers (Offers)

Price($) Vol. No.
$7.70 52480 6
View Market Depth
Last trade - 16.10pm 26/04/2024 (20 minute delay) ?
Last
$7.69
  Change
0.120 ( 1.24 %)
Open High Low Volume
$7.55 $7.71 $7.52 1167402
Last updated 15.59pm 26/04/2024 ?
WHC (ASX) Chart
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