Although handy it is not necessary for NHC as Australia only has a very small amount of power generation.
For some reason Australia seems to want to build windmills and charge Australians 6 X what they should be paying for electricity rather than use our coal here..
Even Japan is increasing its coal fired power generation, http://www.abc.net.au/news/rural/2017-01-31/japan-coal-power-plants/8224302..
In my opinion NHC is one of the best stocks on the ASX, it has a bucket load of money in the bank, good assetts, and is protected from being bought out by its company structure with SOL Pattinson and Brickworks.
News: New Hope says looking for more coal acquisitions in Australia, page-3
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Last
$4.24 |
Change
-0.080(1.85%) |
Mkt cap ! $3.618B | |||
| Open | High | Low | Value | Volume |
| $4.30 | $4.34 | $4.24 | $4.795M | 1.118M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 22 | 36609 | $4.24 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.25 | 19829 | 17 |
View Market Depth
| Last trade - 13.39pm 28/07/2025 (20 minute delay) ? |
| NHC (ASX) Chart |