Hmm. Current coal prices are still high. So dropping still aint justified. Waiting for share buyback to begin taking effect. At 5.50$, i assume 55 million shares bought back. Current shares approx 878.5 million so left with say 823 million. At current company valuation, it would support price of $5.94 (assuming coal prices remain similar). This is very simplistic calcs. Any thoughts or different opinions? Understand additional production and sell would increase revenue so there would be a delta from that.
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Last
$4.32 |
Change
0.070(1.65%) |
Mkt cap ! $3.651B | |||
| Open | High | Low | Value | Volume |
| $4.45 | $4.48 | $4.31 | $15.65M | 3.589M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 37571 | $4.32 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.33 | 2000 | 1 |
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| Last trade - 16.10pm 17/09/2024 (20 minute delay) ? |
| NHC (ASX) Chart |