NHC 0.42% $4.73 new hope corporation limited

I am a shareholder of Malabar. Yes, they are unlisted, but in...

  1. 124 Posts.
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    I am a shareholder of Malabar. Yes, they are unlisted, but in the recent equity raise they accepted new investors. I was pleasantly surprised to later learn that NHC bought in at the same time.

    You can view their agm presentation on their website - just look up Malabar Resources. It is well worth a read.

    In terms of dividend payments, there is a chance they could pay dividends before FY2027. My assumptions were based on thermal coal reducing to $100/tn within 2 years and met coal at $150/tn. Also an xrate of 0.8.

    If prices stay where they are now, you don’t have to be a brain surgeon to work out that they will be swimming in cash. In this scenario I can only assume dividends would be brought forward and would obviously be multiples higher than my estimate above.
 
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Last
$4.73
Change
0.020(0.42%)
Mkt cap ! $3.998B
Open High Low Value Volume
$4.75 $4.80 $4.73 $7.624M 1.605M

Buyers (Bids)

No. Vol. Price($)
2 15279 $4.73
 

Sellers (Offers)

Price($) Vol. No.
$4.74 4000 1
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Last trade - 16.10pm 26/07/2024 (20 minute delay) ?
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