There has been mention of a move into copper.
Interestingly, Soul Pattersons has withdrawn the IPO of their copper asset (see NHC Chairman connection for newbies).
Robert Millner has bought extensively on market and a mention from him on "diversification" in his Chairman's Address:
From the CEO today - "several initiatives underway"
With a very low mix of assets and so much cash - let alone cash generation - I can't help but think they will buy something outside of coal.
Perhaps the market will view NHC more favourably if this is done. Who knows..
Above is not financial advice and my opinion only.
There has been mention of a move into copper.Interestingly, Soul...
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$4.48 |
Change
0.030(0.67%) |
Mkt cap ! $3.787B | |||
| Open | High | Low | Value | Volume |
| $4.49 | $4.52 | $4.47 | $8.028M | 1.789M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 8718 | $4.48 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.50 | 2187 | 1 |
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| NHC (ASX) Chart |