NHC 0.75% $4.65 new hope corporation limited

NHC - General Discussion, page-8

  1. 537 Posts.
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    Fear and greed, as they say! I have 10% of my portfolio in coal so this is painful, but at the moment coal companies are making money hand over fist. The coal price is down slightly, obviously as a previous poster said a recession in the US is likely and investors are adjusting their portfolio accordingly. No doubt the financial media will engineer a reason for the fall, but often share prices fall because they are falling i.e. speculators trading the trend. Still the coal price will have to fall a fair bit to justify the SP falls we are seeing today. Perhaps the speculators are correct and the coal price heads below $200 USD per ton. For reference the current price is about $389 per ton and fell 1.5% since last trading.

    https://tradingeconomics.com/commodity/coal (reference)
 
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Last
$4.65
Change
-0.035(0.75%)
Mkt cap ! $3.956B
Open High Low Value Volume
$4.67 $4.68 $4.63 $891.6K 189.2K

Buyers (Bids)

No. Vol. Price($)
15 13680 $4.64
 

Sellers (Offers)

Price($) Vol. No.
$4.65 16088 20
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Last trade - 10.25am 12/11/2024 (20 minute delay) ?
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