That's because most retail investors dont quite understand the details and most likely got concerned with the $1.68 reference price of the Delta placement, although NHC did not sell any shares at that price. Besides, it's down on $2m+ worth of trades.
Market cap down $125m with a $200m convertible notes issuance. Buying opportunity!
Ann: NHC Sucessfully Prices A$200m Convertible Notes, page-9
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 (20min delay)
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Last
$4.18 |
Change
-0.050(1.18%) |
Mkt cap ! $3.522B | |||
| Open | High | Low | Value | Volume |
| $4.22 | $4.22 | $4.13 | $9.027M | 2.165M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 3672 | $4.16 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.18 | 7644 | 3 |
View Market Depth
| Last trade - 16.10pm 31/07/2025 (20 minute delay) ? |
| NHC (ASX) Chart |