The CR was just a victim of time, if the run on coal was 6 months later you would be singing a very different tune.
If I was running the show I would have done the same thing given the same situation, borrowed money to buy other assets given NA3 was stalled and NHC was basically a 1 horse race with Bengalla at the time.
I have no issue with the outcome, they are addressing some of it now with buy backs, it is what it is, still printing money hand over fist.
Ann: Update - Notification of buy-back - NHC, page-21
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Last
$3.85 |
Change
-0.040(1.03%) |
Mkt cap ! $3.254B | |||
| Open | High | Low | Value | Volume |
| $3.87 | $3.89 | $3.79 | $8.646M | 2.253M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 10605 | $3.84 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.86 | 19461 | 1 |
View Market Depth
| Last trade - 16.18pm 24/06/2025 (20 minute delay) ? |
| NHC (ASX) Chart |