NHC 0.83% $4.76 new hope corporation limited

Well, thanks to NSW labour, and their new money grab of raising...

  1. 969 Posts.
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    Well, thanks to NSW labour, and their new money grab of raising royalties for coal companies, for killing the NHC share price today. This comes despite huge jumps in coal futures prices overnight.
    On one hand they keep saying coal is the devil, yet on the other hand they are starting to realise their green dream of renewable energy isn't going to work and we need coal still.
    But it's easy to increase taxes for the "bad guy". Who will complain?
 
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