Whenever the market gets smashed down, NHC spikes up. I used to think it was the shorts switching to shorting the ASX200 instead but now the shorts are all but gone from NHC and the same happens anyway?
I think the South Australia power failure is making the politicians and fundies realise that renewable energy policy is foolish and that coal and gas are necessary. Should help focus the minds regarding the New Acland expansion decision and take the wind out of the greenies sails.
Coal price going gang busters, page-17
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