It doesn't, it's a coincidence. The sell off is broad based across the coal sector, profit taking and a view that coal prices have peaked given the macro outlook. The FCF yield for NHC is outstanding, even with coal price half of where it is.
NHC - General Discussion, page-11
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Last
$4.61 |
Change
-0.070(1.50%) |
Mkt cap ! $3.913B | |||
| Open | High | Low | Value | Volume |
| $4.67 | $4.68 | $4.60 | $2.736M | 588.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 26 | 45433 | $4.60 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.61 | 9301 | 14 |
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| Last trade - 11.44am 12/11/2024 (20 minute delay) ? |
| NHC (ASX) Chart |