That's a good point, Placido.
NHC mainly sells to Asian power stations, so they may not be affected in the short term.
We have probably a good view on how it will end for coal miners.
The main question is how long it will take for them to reach the end.
Their valuation is so cheap that it seems to discount a quick end for coal mining, which looks particularly pessimistic.
Unless thermal coal prices decrease a lot from where they are now, but I can't see a strong scenario where it might happen, given the dynamic for supply and demand.
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- New Hope Price Target Raised 23% to A$2.40/Share
NHC
new hope corporation limited
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0.53%
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$3.72

New Hope Price Target Raised 23% to A$2.40/Share, page-61
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Last
$3.72 |
Change
-0.020(0.53%) |
Mkt cap ! $3.144B |
Open | High | Low | Value | Volume |
$3.75 | $3.79 | $3.71 | $9.411M | 2.519M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 12000 | $3.72 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$3.73 | 20000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 9500 | 3.720 |
7 | 30793 | 3.710 |
27 | 590322 | 3.700 |
8 | 16728 | 3.690 |
3 | 20186 | 3.680 |
Price($) | Vol. | No. |
---|---|---|
3.740 | 6500 | 1 |
3.750 | 26382 | 1 |
3.760 | 3928 | 1 |
3.790 | 15595 | 5 |
3.800 | 3711 | 2 |
Last trade - 16.10pm 27/06/2025 (20 minute delay) ? |
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