Since the Mar Qtr results there has been 2 major restrictions on on China supply of coal which should benefit WHC:
(a). The temporary stall of train & shipping from the Bowen Basin due to cyclone Debby
(b) The cut off of North Vietnam supply
https://hotcopper.com.au/resources/...er-ban-on-n-korea-cargoes.60732/#.WSQHrTPMxsY
There has been no announcement by WHC on the June contract prices so we can only assume that the
company has/is benefiting from supply constraints and ,IMO, it would greatly benefit the share price
if the company qualified current pricing. We know that quantity will be between 5 million & 6.5 million
ton for the June Qtr, but a liift of say $10/ton FOB would mean over $50 mil revenue for the June Qtr alone which, again IMO, is price sensitive and ought to be announced forthwith.
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9 | 191368 | 3.970 |
7 | 254997 | 3.960 |
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Price($) | Vol. | No. |
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