News from China are bad - slowing growth, import/export are collapsing with increasing speed. Check Japan, who are buyers of our coking coal. Their import and export are down almost 20% YoY.
Soon Trump will ban (tax heavily) all import.
News from US - they want to use their coal, to stimulate growth, not to feed Aussies, so no impact on WHC. Trump wants to export coal too. He wants to create jobs in the US, not in Australia or China.
Enjoy capital gains while China suspended their coal mining for some reason! It won't last for long! Glad for your gains, but I am glad that I stayed out of it and didn't buy recently when I really wanted to (3.00+)
WHC Chart, page-399
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Last
$6.57 |
Change
-0.010(0.15%) |
Mkt cap ! $5.027B | |||
| Open | High | Low | Value | Volume |
| $6.59 | $6.66 | $6.53 | $17.31M | 2.634M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 14367 | $6.57 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.58 | 15900 | 4 |
View Market Depth
| Last trade - 16.10pm 02/12/2024 (20 minute delay) ? |
| WHC (ASX) Chart |
