Exactly right - They have both Metallurgical coal (The one used in steel making) and the thermal coal that is used in energy generation which still makes them a good source for buying coal. Recent articles point to a new generation of coal plants in Asia and the coal needs to come from somewhere and Australia is in a strategic position to achieve this - Think streamlined economy of effort and process efficiency and you get a winning combination. A company that has good books and decent directors on board and good business process fundamentals has a good future. The markets will always do what they do but these are just my 2 cents.
WHC Chart, page-114
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Last
$6.62 |
Change
-0.020(0.30%) |
Mkt cap ! $5.538B | |||
| Open | High | Low | Value | Volume |
| $6.67 | $6.70 | $6.60 | $26.40M | 3.975M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 17504 | $6.62 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.65 | 14785 | 2 |
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| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| WHC (ASX) Chart |