WHC 2.09% $6.56 whitehaven coal limited

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  1. 16 Posts.
    Why is that announcement bad news? Metallurgical coal sales have risen meaning more profit. According to the figures contained in the September quarterly report, the half yearly report should show a profit of around 500 million AUD. Annual production is slated to remain on track as per forecasts....current P/E should come in around 3. Or am I missing something?
 
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$6.56
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