This all looks so weird. Huge spike at the end of the day - coal stocks rallied 3% in the last minutes. It seems China will start importing Australian coal as early as April 1st (hopefully not an April fools joke). Coal futures up overnight - everything looking positive.
Anddddd we drop 4% because who would want to buy a company printing cash in this high inflationary environment, and will continue to print cash for at least the next 12 months. Market cap = $5b~ and we currently have approx $2b+ in cash.
There just seems to be something other than ESG playing a role here.
$10 thread, page-581
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Last
$4.52 |
Change
0.200(4.63%) |
Mkt cap ! $3.820B | |||
| Open | High | Low | Value | Volume |
| $4.40 | $4.57 | $4.39 | $22.62M | 5.025M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 23086 | $4.52 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.56 | 12282 | 2 |
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| Last trade - 16.10pm 18/09/2024 (20 minute delay) ? |
| NHC (ASX) Chart |