i think a newsletter chat room service told their clients to sell and it must have triggered a chain reaction of stop losses. Nothing fundamentally in the report stands out to me that would explain the sell off.
Head bell potter analyst bullish on the report, had this to say post market on NHC.
Expecting a big rebound over the coming days, i took some at 387 near close.
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NHC
new hope corporation limited
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$4.32

News: NHC UPDATE 1-Australia's New Hope clears environmental hurdle at coal project, page-4
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Last
$4.32 |
Change
-0.040(0.92%) |
Mkt cap ! $3.651B |
Open | High | Low | Value | Volume |
$4.38 | $4.39 | $4.30 | $7.106M | 1.643M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
13 | 33998 | $4.30 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$4.32 | 148 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
9 | 31104 | 4.300 |
4 | 7900 | 4.290 |
2 | 98130 | 4.280 |
1 | 704 | 4.260 |
2 | 4905 | 4.250 |
Price($) | Vol. | No. |
---|---|---|
4.350 | 505 | 2 |
4.390 | 220 | 1 |
4.400 | 10656 | 3 |
4.410 | 251 | 1 |
4.420 | 2761 | 2 |
Last trade - 16.10pm 25/07/2025 (20 minute delay) ? |
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NHC (ASX) Chart |
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