WEC 0.00% 4.8¢ white energy company limited

general sentiment, page-17

  1. 11,181 Posts.
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    Hi monopolize, no doubt the ICAC issue is putting some pressure on the sp but have a look at other coal plays on the ASX and most of them are at 52wk lows
    The EV is minus 28 million
    so the cattle station, coal assets, coal technology, lawsuit win etc etc is being valued at MINUS 28 million
    If you buy a coal stock you are either buying a company with debt or little cash
    WEC has the cash so in this business the survivor usually goes on when the coal market returns
 
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