A bit more coal bashing in yesterday's AFR
The market clearly already prices in this risk on coal price, future projects approvals, coal divestment (but also of course matching acquisitions) and coal company share prices.
The article also skips over the distinction between thermal coal (energy) and metallurgical coal (steel making).
It is a great time to be a high margin incumbent producer.
Greens keep on building the coal moat
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Last
$6.91 |
Change
0.240(3.60%) |
Mkt cap ! $5.027B | |||
| Open | High | Low | Value | Volume |
| $6.82 | $6.99 | $6.80 | $39.70M | 5.729M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 23887 | $6.90 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.91 | 9762 | 1 |
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| Last trade - 16.10pm 22/11/2024 (20 minute delay) ? |
| WHC (ASX) Chart |
