NHC 3.49% $4.15 new hope corporation limited

NHC to rise, ASX to slip, page-10

  1. 9,731 Posts.
    lightbulb Created with Sketch. 458
    Well iv'e been buying,can't help chasing that upcoming div.
    My reasons.
    -I believe the BB's make sense ,as suggested by others it reduces SOI ,but for me a strong incentive for management's BB is the high div payments they save.
    -if i'm correct they have spent $200m on BB ,this figure should reduce to $100m
    -As all are ware NA3 is online.
    -their making targeted investments in malabar.
    - negative media.
    -obviously no debt with cash in bank.
    -low AUD.
    -high quality.
    -coal price appears to be stablising around the $125 pt mark.?

    My point,if above when combined can support the div of .17 HY /.34 cents FY then current sp is great value.?
 
watchlist Created with Sketch. Add NHC (ASX) to my watchlist
(20min delay)
Last
$4.15
Change
-0.150(3.49%)
Mkt cap ! $3.508B
Open High Low Value Volume
$4.28 $4.29 $4.13 $14.25M 3.397M

Buyers (Bids)

No. Vol. Price($)
2 1441 $4.15
 

Sellers (Offers)

Price($) Vol. No.
$4.16 1223 2
View Market Depth
Last trade - 16.10pm 06/09/2024 (20 minute delay) ?
NHC (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.