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$4.54 new hope corporation limited

https://www.bloomberg.com/news/articles/2023-02-09/adani-offers-c...

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Brabant90

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11/02/23

04:11

Post #: 66191109
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Originally posted by Royboy1955: ↑

This is the problem - the Ice Coal prices out of Newcastle is not a reflection of what is happening - they are for small volumes of coal excess to current contracts that are usually hedged to a price well above the ICE price

Japan has locked in prices that are not reflected here - they prefer to pay higher for guaranteed supply - when China ramps up they will want coal from wherever they can get it because they have no long term contracts

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https://www.bloomberg.com/news/articles/2023-02-09/adani-offers-coal-cargoes-at-discount-in-push-for-quick-sales

NHC Price at posting: $5.31 Sentiment: None Disclosure: Held
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0 Great analysis

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(20min delay)
Last $4.54		Change 0.020(0.44%)		Mkt cap ! $3.837B

Open	High	Low	Value	Volume
$4.55	$4.59	$4.50	$8.869M	1.952M

Buyers (Bids)

No.	Vol.	Price($)
17	55210	$4.53

Sellers (Offers)

Price($)	Vol.	No.
$4.55	2187	1

View Market Depth

No.	Vol.	Price($)
17	55210	4.530
6	24214	4.520
6	43234	4.510
11	54454	4.500
2	5942	4.490

Price($)	Vol.	No.
4.550	2187	1
4.560	2187	2
4.570	23081	4
4.580	52101	7
4.590	3134	4

Last trade - 16.10pm 29/04/2024 (20 minute delay)


Last $4.55			Change 0.020 ( 0.23 %)
Open	High		Low	Volume
$4.55	$4.58		$4.51	648980
Last updated 15.59pm 29/04/2024 ?

NHC (ASX) Chart