That's true, ndpjai, re NHC, but NHC has $1.23b cash. Take the cash away, and NHC is less of a business than WHC. Given WHC has huge liabilities, and given NHC is in share price dcline, it would be cool if WHC took over NHC in a scrip deal, and used NHC's cash to pay off Maules Creek. You would then have two debt-free businesses. NHC has been sitting on that cash buffer forever, which makes it safe, for sure, but the coal business is rather dormant. As you said, Acland 3 is crucial.
Ann: Profit Guidance , page-9
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add NHC (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$4.64 |
Change
-0.090(1.90%) |
Mkt cap ! $3.905B | |||
| Open | High | Low | Value | Volume |
| $4.72 | $4.75 | $4.64 | $7.529M | 1.616M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 51852 | $4.64 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.65 | 4114 | 2 |
View Market Depth
| Last trade - 16.10pm 26/11/2024 (20 minute delay) ? |
| NHC (ASX) Chart |
