WHC 0.39% $7.80 whitehaven coal limited

As long as coal prices keep improving, WHC shares will rise. The...

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    As long as coal prices keep improving, WHC shares will rise. The FY2016 results were very positive. I wouldn't expect the SP to double overnight, but I think we'll see higher prices in the next few weeks.

    The recent trading activity was Prudential selling 10M shares. Whether that caused the run up to $2.10 or the sell off back to $1.90 is anyone's guess.

    On the plus side, a lot of brokers seem to be optimistic about the SP moving higher.
 
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