NHC 1.90% $4.64 new hope corporation limited

llb yes could be speculation they will sell their stake but even...

  1. 4,717 Posts.
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    llb
    yes could be speculation they will sell their stake but even if they don't it could be a realisation how pretty this stock is sitting after the big sale to bhp/mitsui.

    coal going well to china but some speculation prices have risen enough for the chinese to revert to buying more local stuff ( but apparently they have also closed some mines due to safety). nhc has more steaming i believe which is not influenced as much as coking from short term moves.

    the only thing they did do wrong was not buy something while the asset values were low - i am not just saying this in hindsight as i put a post re bhp not doing the same in mid March( i think it was on the ozl post ) .
 
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