Am guessing ... but why would they raise money at such high coal spot prices. They are currently making cash hand over fist ... At these spot prices, they are on a crazy PE of 3 I think. Go check out the coal spot price.
NHC acquisition?, page-2
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$4.68 |
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-0.025(0.53%) |
Mkt cap ! $3.973B | |||
| Open | High | Low | Value | Volume |
| $4.69 | $4.74 | $4.66 | $3.590M | 765.3K |
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| No. | Vol. | Price($) |
|---|---|---|
| 39 | 31704 | $4.67 |
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| Price($) | Vol. | No. |
|---|---|---|
| $4.68 | 15242 | 24 |
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| NHC (ASX) Chart |