I think that has to do with debt/loan contracts with the lenders. DEBT loan contracts have different conditions to the payments of the revenue/income arrangements for the three years we have with BHP.
The three years payments (note I didn't use debt) is based on the coal prices, with annual payments capped at US350mil.
Debt loans obviously are different.
only my opinion.
Target $18.72, page-8925
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Last
$7.72 |
Change
-0.310(3.86%) |
Mkt cap ! $6.458B | |||
| Open | High | Low | Value | Volume |
| $7.99 | $8.01 | $7.68 | $42.06M | 5.390M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 29705 | $7.71 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.72 | 29906 | 4 |
View Market Depth
| Last trade - 16.10pm 11/06/2024 (20 minute delay) ? |
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Last
$7.71 |
Change
-0.310 ( 4.32 %) |
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| Open | High | Low | Volume | ||
| $7.99 | $8.00 | $7.68 | 1048242 | ||
| Last updated 15.59pm 11/06/2024 ? | |||||
| WHC (ASX) Chart |