Could be a pair trade with another coal stock expected to out perform NHC. Interesting to see volume and shorts for WHC on Friday.Pair trades are done by hedge funds where they short one share and with those funds go long another, usually in the same industry, expecting one will outperform the other irrespective of market conditions. Risk free as long as they pick the winner between the 2 companies.
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NHC
new hope corporation limited
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$3.95

Could be a pair trade with another coal stock expected to out...
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Last
$3.95 |
Change
0.000(0.00%) |
Mkt cap ! $3.339B |
Open | High | Low | Value | Volume |
$3.95 | $3.97 | $3.92 | $21.97M | 5.529M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 393240 | $3.95 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$3.96 | 4356 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 23900 | 3.930 |
7 | 9850 | 3.920 |
3 | 27511 | 3.910 |
13 | 42848 | 3.900 |
2 | 3260 | 3.890 |
Price($) | Vol. | No. |
---|---|---|
3.960 | 4356 | 1 |
3.970 | 2500 | 1 |
3.990 | 18935 | 5 |
4.000 | 33187 | 10 |
4.030 | 5918 | 2 |
Last trade - 16.10pm 20/06/2025 (20 minute delay) ? |
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NHC (ASX) Chart |