It'll be interesting to see the fallout from this either way. If it gets approved, well, good times ahead you would think.
If it doesn't, the market may react accordingly however I believe the market has already been pricing in the worst outcome for some time so any reaction into oversold territory should present as a further buying opportunity IMO.
Don't forget that when the Intelligent Investor covered this stock, they placed a valuation on NHC without New Acland approval of $4/share based on the current and future production estimates out of Bengalla alone.
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 (20min delay)
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Last
$4.25 |
Change
-0.070(1.62%) |
Mkt cap ! $3.592B | |||
| Open | High | Low | Value | Volume |
| $4.30 | $4.34 | $4.24 | $6.447M | 1.506M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 55 | 28744 | $4.25 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.26 | 19488 | 27 |
View Market Depth
| Last trade - 15.53pm 28/07/2025 (20 minute delay) ? |
| NHC (ASX) Chart |