Yes, that old adage is true. It's why I was supportive of the deal at the right price..Whitehaven has bought lower fluidity coal. That's the reality. The only high fluidity to capitalise on is in the L4 seam of Daunia... and that's only 300mm thick and requires a special wash facility..Cant blend up, can only blend down. It's why everyone with Rangal Coal is going on bended knee to Vitrinite for their Goonyella lower coal... and they've only got another 20mt of product to come over the next 10 years... then it's game on to get coal up to spec by sucking ass to BMA. If BHP gets Anglo, then they'll control 80%+ of the high ddpm coal..WHC will get these new assets paid down because of the huge margins today, but, the longer term cash machine will wither in a few years when BMA gets their high ddpm coals in sync with the market. It is what it is. I told yas first. Hot potato.
Yes, that old adage is true. It's why I was supportive of the...
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Last
$7.81 |
Change
-0.140(1.76%) |
Mkt cap ! $6.533B | |||
| Open | High | Low | Value | Volume |
| $7.97 | $7.98 | $7.78 | $35.84M | 4.569M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 75419 | $7.80 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.82 | 13293 | 3 |
View Market Depth
| Last trade - 16.10pm 08/05/2024 (20 minute delay) ? |
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Last
$7.80 |
Change
-0.140 ( 1.72 %) |
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| Open | High | Low | Volume | ||
| $7.97 | $7.98 | $7.78 | 1200168 | ||
| Last updated 15.59pm 08/05/2024 ? | |||||
| WHC (ASX) Chart |