Australia's largest stock trading and investment forum Australia's #1 stock forum

NHC

Click for more information

0.20%

$4.87 new hope corporation limited

Ann: New Acland Stage 3 Update, page-59

First 59 Last

Share
Profile

Follow
Tinwins

16,095 Posts.

572

29/05/23

08:52

Post #: 68007613
Share

Originally posted by RVR ↑

AUST Monday:
Queensland’s Palaszczuk government will deliver a record surplus in next month’s budget, driven by the coal royalty regime that has fuelled a $6bn jump in state revenues since December. The introduction last year of three new tiers of royalty rates on soaring worldwide coal prices has produced a turnaround in fortunes for the government, which had predicted a $1bn operating deficit for this financial year.
…………
The royalty regime, which includes the highest taxing rates in the world – with a top tier of 40 per cent for coal prices above $300-a-tonne – has drawn criticism from the resource industry, which has claimed it is threatening future investment and may lead to the closure of mines.

When the new royalty regime was announced in last year’s budget, Mr Dick said it would raise an additional $1.2bn over the next four years but with coal prices reaching record highs last year, the Queensland Resources Council estimates that $13.6bn will be paid in coal royalties – about $8bn more than originally forecast – in the 2022-23 financial year alone.…..

Expand

And isnt that great news..?
Go NHC!

NHC Price at posting: $4.95 Sentiment: Buy Disclosure: Held
1 Upvote

0 Great analysis

Reply

Top Stories

The Altcoin Landscape (Part 1): Key alternative cryptocurrencies to watch

Aussie inflation seemingly hit a 3 year low. So why's the ASX200 red?

Bitcoin hits fresh record as instos pile into BTC ETFs – and Trump helps, too

Palladium's the newest geopolitical hot commodity. But ASX exposure is limited

Making money: How many microcaps should be in an investor's portfolio?

There are more pages in this discussion • 26 more messages in this thread...

First 59 Last

Add NHC (ASX) to my watchlist

(20min delay)
Last $4.87		Change -0.010(0.20%)		Mkt cap ! $4.116B

Open	High	Low	Value	Volume
$4.86	$4.87	$4.81	$5.877M	1.211M

Buyers (Bids)

No.	Vol.	Price($)
1	8	$4.86

Sellers (Offers)

Price($)	Vol.	No.
$4.88	14074	7

View Market Depth

No.	Vol.	Price($)
1	8	4.860
4	13137	4.840
4	30893	4.830
2	13104	4.820
5	8211	4.810

Price($)	Vol.	No.
4.880	14074	7
4.890	5804	1
4.900	500	1
4.920	321	1
4.930	511	1

Last trade - 16.10pm 31/10/2024 (20 minute delay)

NHC (ASX) Chart