There at least is some downside protection with their large cash reserves, at this point it is virtually impossible for them to fold. They are operating in a tough sector at the moment, and imo there are others that will fold before they do. In a survival of the fittest scenario they will still be standing for the recovery, although that could be 12-24 months away. My biggest concern is that stage 3 doesn't get approved for some reason. I only just purchased in the last couple of weeks.
There at least is some downside protection with their large cash...
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Last
$4.70 |
Change
0.050(1.08%) |
Mkt cap ! $3.973B | |||
| Open | High | Low | Value | Volume |
| $4.71 | $4.71 | $4.64 | $6.580M | 1.405M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 9000 | $4.69 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.70 | 3437 | 1 |
View Market Depth
| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| NHC (ASX) Chart |