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Whitehaven Coal Ltd (WHC) $5.04

WHC is now a $5.1bn business having ridden the coal price higher, it has a very similar look and feel to NHC although its ascent has actually been slightly more aggressive. We like the cash-cow into a pullback but wouldn’t be chasing the stock above $5 especially as it could easily be suffering from the  same headwinds as NHC i.e. excessive rain issues and a tight labour market.

MM likes WHC under $4.50
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Whitehaven Coal Ltd (WHC)
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