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.
That's true, ndpjai, re NHC, but NHC has $1.23b cash. Take the...
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Last
$4.66 |
Change
-0.070(1.48%) |
Mkt cap ! $3.905B | |||
| Open | High | Low | Value | Volume |
| $4.72 | $4.75 | $4.64 | $4.416M | 945.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 31 | 60396 | $4.65 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.66 | 16003 | 33 |
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| Last trade - 14.39pm 26/11/2024 (20 minute delay) ? |
| NHC (ASX) Chart |
