2017 should still be good for WHC...
Goldman has turned uber-bullish Australia
Looking through some negative news flow…
However, consistent with increasingly upbeat rhetoric from the RBA, we caution against getting too negative on Australia’s outlook. Looking ahead, alongside a far more supportive global backdrop, Australia is now on course to receive a very significant positive income shock from higher commodity prices,
…to a very significant positive income shock
Over recent weeks, the Goldman Sachs commodity team has revised higher its 2017 forecasts for iron ore, metallurgical and thermal coal by no less than 77%, 135%, and 32% respectively (Exhibit 1) – including +30-40% upgrades to long-term price assumptions for iron ore and thermal coal.
2017 should still be good for WHC... Goldman has turned...
Add WHC (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$6.58 |
Change
0.010(0.15%) |
Mkt cap ! $5.027B | |||
| Open | High | Low | Value | Volume |
| $6.54 | $6.63 | $6.49 | $23.79M | 3.628M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2622 | $6.57 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.58 | 41225 | 7 |
View Market Depth
| Last trade - 16.10pm 29/11/2024 (20 minute delay) ? |
| WHC (ASX) Chart |
