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12/01/23
16:42
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Originally posted by didicoco:
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emmm, what is the SP now? $6, what is the divi? $1.50 annually give or take, do you really believe this cash cow is going to be under $4.50 at the end of this year? under $3.00 at the end of next year? when I say that commodity price is in a down trend does not mean it is going back all the way to 80usd , it most likely will stabilized itself around 250 to 300 USD for the next few years, which is still magnificent price for coal minners. that for NHC's bottom is around $5.00, how am I going to lose any money? 3 years of $1.50 dividends is already going to cover the bottom price, and mind you, it is fascinating world out there, you never know what is going to suprise you next day if not next hour next minute.
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If you bought in april for around three bucks then your very happy for next few years...