This all looks so weird. Huge spike at the end of the day - coal stocks rallied 3% in the last minutes. It seems China will start importing Australian coal as early as April 1st (hopefully not an April fools joke). Coal futures up overnight - everything looking positive.
Anddddd we drop 4% because who would want to buy a company printing cash in this high inflationary environment, and will continue to print cash for at least the next 12 months. Market cap = $5b~ and we currently have approx $2b+ in cash.
There just seems to be something other than ESG playing a role here.
This all looks so weird. Huge spike at the end of the day - coal...
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Last
$4.68 |
Change
0.010(0.21%) |
Mkt cap ! $3.956B | |||
| Open | High | Low | Value | Volume |
| $4.70 | $4.71 | $4.65 | $11.29M | 2.415M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 2203 | $4.67 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.68 | 44588 | 5 |
View Market Depth
| Last trade - 16.10pm 16/05/2024 (20 minute delay) ? |
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Last
$4.68 |
Change
0.010 ( 0.11 %) |
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| Open | High | Low | Volume | ||
| $4.70 | $4.72 | $4.65 | 732463 | ||
| Last updated 15.59pm 16/05/2024 ? | |||||
| NHC (ASX) Chart |