You are just looking at half the supply/demabd equation. Demand is also increasing.
There would hardly be a profitable mine at $US50/tonne.....so not happening
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NHC
new hope corporation limited
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2.15%
!
$4.51

Supply ssurplus pressures., page-5
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Last
$4.51 |
Change
0.095(2.15%) |
Mkt cap ! $3.771B |
Open | High | Low | Value | Volume |
$4.42 | $4.51 | $4.40 | $3.935M | 881.8K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
21 | 37205 | $4.50 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$4.51 | 24876 | 27 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
21 | 14808 | 4.500 |
19 | 21644 | 4.490 |
12 | 16825 | 4.480 |
10 | 36347 | 4.470 |
14 | 58096 | 4.460 |
Price($) | Vol. | No. |
---|---|---|
4.510 | 30964 | 34 |
4.520 | 44698 | 17 |
4.530 | 52800 | 17 |
4.540 | 70784 | 14 |
4.550 | 116684 | 31 |
Last trade - 11.23am 08/08/2025 (20 minute delay) ? |
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NHC (ASX) Chart |