WHC 2.13% $7.59 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
$7.59
Change
-0.165(2.13%)
Mkt cap ! $6.320B
Open High Low Value Volume
$7.74 $7.76 $7.56 $32.38M 4.248M

Buyers (Bids)

No. Vol. Price($)
20 10748 $7.58
 

Sellers (Offers)

Price($) Vol. No.
$7.59 45497 37
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Last trade - 15.44pm 14/05/2024 (20 minute delay) ?
Last
$7.57
  Change
-0.165 ( 2.24 %)
Open High Low Volume
$7.72 $7.76 $7.56 1347484
Last updated 15.59pm 14/05/2024 ?
WHC (ASX) Chart
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