ASX Stocks| Thoughts on WHC, NHC& VRC
Hello everyone! Today I want to share some views on ASX stocks with you.
$WHITEHAVEN COAL LTD(WHC.AU)$ $New Hope(NHC.AU)$
A week later and the $WHC : $NHC ratio (as measured from 15 Aug per above) continues to revert leading into NHC's div. Earlier this month, WHC was outperforming by ~15%. Both companies are rippers, I just find this an interesting exercise if nothing else! Coal
$VRC thread update: clear b/o on the weekly log of ST resistance (minor orange line) w/ a run to 3.1c at major resistance target (historic orange line). After a ~100% move from mid 1s, it's been consolidating w/ a VWAP of 2.9c the last couple days. graphite
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