This Director increased her holding by 66.6 per cent. Fortunately I topped up yesterday, not that one gets everything correct.
But with NHC there's a fair chance we'll be materially rewarded in time, noting the lag effect of about three months.
While legitimate to be concerned about 'demand destruction', as the world gradually normalises after COVID-19, there's room for optimism despite increasing coal production in mainland communist China and India. Big demand in much of Asia for our thermal coal with Ukraine creating enquiries from Europe. However Australian miners won't be able to supply the latter much if at all as existing production is fully committed for Asian buyers.
NHC Price at posting:
$3.75 Sentiment: Hold Disclosure: Not Held
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