I agree this stock will be going lower, I'm surprised it's held up so well. YAL is down to almost $2, WHC $1.40 which is 17 cents below it's covid bounce lows. There is no positives for these shares, eg no dividends, outlook looks terrible for the coal price and another covid news cycle in the media. NHC should be around $1.10 when compared to the other coal miners I mentioned.
If you divide the market cap to annual coal production in MTs, the prices are:
NHC $102 (11MT)
YAL $74 (36MT)
WHC $72 (20MT)I don't think any coal miners are profitable at current coal prices, I'm staying out until things improve but if you had to be in, it looks like YAL and WHC are better buys.
- Forums
- ASX - By Stock
- NHC
- Long holders beware
Long holders beware, page-7
-
- There are more pages in this discussion • 489 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add NHC (ASX) to my watchlist
(20min delay)
|
|||||
Last
$4.67 |
Change
-0.060(1.27%) |
Mkt cap ! $3.968B |
Open | High | Low | Value | Volume |
$4.71 | $4.72 | $4.67 | $1.891M | 402.8K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
8 | 3775 | $4.67 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$4.68 | 13496 | 32 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
13 | 8960 | 4.670 |
16 | 50957 | 4.660 |
18 | 50599 | 4.650 |
8 | 35737 | 4.640 |
16 | 127575 | 4.630 |
Price($) | Vol. | No. |
---|---|---|
4.680 | 11440 | 30 |
4.690 | 34840 | 22 |
4.700 | 48357 | 21 |
4.710 | 34362 | 17 |
4.720 | 36564 | 13 |
Last trade - 11.37am 30/07/2024 (20 minute delay) ? |
Featured News
NHC (ASX) Chart |
The Watchlist
MTL
MANTLE MINERALS LIMITED
Nick Poll, Executive Director
Nick Poll
Executive Director
SPONSORED BY The Market Online