The write up was not part of NPAT. The write down, presumably, will also not be part of NPAT.
SoulPatts is not known for aggressive accounting. So I've taken the write up at face value.
As for the price, makes sense the equity raise was done at a discount. Maybe the question is the size of the discount?
As for Bengalla vs Malabar. They bought Bengalla back in 2015 and 2018, back when thermal was dead. It was really only started printing cash from 2021.
With all the inflation in recent years and met coal stronger than thermal coal, good assets like Malabar just cost more in 2024.
No horse in this race. Just thought the comparison was really unfair on NHC.
The write up was not part of NPAT. The write down, presumably,...
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Last
$4.68 |
Change
0.050(1.08%) |
Mkt cap ! $3.956B | |||
| Open | High | Low | Value | Volume |
| $4.64 | $4.69 | $4.63 | $6.977M | 1.493M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 27667 | $4.67 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.68 | 5449 | 1 |
View Market Depth
| Last trade - 16.10pm 10/05/2024 (20 minute delay) ? |
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Last
$4.68 |
Change
0.050 ( 1.16 %) |
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| Open | High | Low | Volume | ||
| $4.64 | $4.68 | $4.64 | 441282 | ||
| Last updated 15.59pm 10/05/2024 ? | |||||
| NHC (ASX) Chart |