All I am saying is by pe standards on what is good value and what is not, NHC are by no means overvalued, in fact NHC, WHC, YAL and SMR are all good value when compared to other ASX 200 stocks, but I understand why we are at a premium to other coal producers, all to do with the good ole fashioned Aussie conservative management, they regularly back this several times a year with their money and have paid divies every half over several consecutive years.
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