I agree. The share price tends to move with the Newcastle spot price but that spot price isn't indicative of the company's fortunes. The company's quarterly report released in August referenced the fact that 85% of the next six months production is already sold which means that the current low prices won't be applicable to NHC's next half yearly report.
NHC Price at posting:
$5.47 Sentiment: Hold Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)