Agreed, but even with expansions it is valued very full versus peers in the current market. I think people are selling on a time value of money basis with New Acland still in ramp up. I think we might see a 10-12c dividend, which won't make people very happy either.
Futures markets for LNG also indicate that there could be more downside in NEWC imo.
Still running some more numbers, but as stated previously - not a large holding of mine - just floating what I consider as rational explanations for the market.
Always happy to be questioned and challenged.
Cream
Ann: Quarterly Activities Report, page-31
-
- There are more pages in this discussion • 13 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add NHC (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$4.79 |
Change
0.010(0.21%) |
Mkt cap ! $4.049B | |||
| Open | High | Low | Value | Volume |
| $4.80 | $4.84 | $4.76 | $7.874M | 1.642M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 3178 | $4.79 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.80 | 14104 | 2 |
View Market Depth
| Last trade - 16.10pm 25/06/2024 (20 minute delay) ? |
| NHC (ASX) Chart |