The latest update is out from Whitehaven Coal Limited ( (AU:WHC) ).
Perpetual Limited and its related entities have increased their substantial holding in Whitehaven Coal Limited, now holding a 6.687% voting power, up from 5.628% previously. This change indicates growing confidence in Whitehaven’s market position and may influence the company’s strategic decisions and stakeholder interests due to the increased influence of a substantial holder.
More about Whitehaven Coal Limited
Whitehaven Coal Limited operates in the coal mining industry, focusing primarily on the production and sale of high-quality coal products. It is a significant player in the energy market, serving both domestic and international markets.
YTD Price Performance: -6.96%
Average Trading Volume: 20,141
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $2.98B
See more insights into WHC stock on TipRanks’ Stock Analysis page.