WHC 2.09% $6.56 whitehaven coal limited

Why is that announcement bad news? Metallurgical coal sales have...

  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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