llb yes could be speculation they will sell their stake but even if they don't it could be a realisation how pretty this stock is sitting after the big sale to bhp/mitsui.
coal going well to china but some speculation prices have risen enough for the chinese to revert to buying more local stuff ( but apparently they have also closed some mines due to safety). nhc has more steaming i believe which is not influenced as much as coking from short term moves.
the only thing they did do wrong was not buy something while the asset values were low - i am not just saying this in hindsight as i put a post re bhp not doing the same in mid March( i think it was on the ozl post ) .
NHC Price at posting:
$5.11 Sentiment: LT Buy Disclosure: Held
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