NHC
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2.74% $4.87 new hope corporation limited

Just topped up my final 20% at $1.27. Has been dropping on very...

  1. Psalty
    1,118 Posts.
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    02/03/16
    16:04
    Post #: 17168144
    Just topped up my final 20% at $1.27.
    Has been dropping on very low volume the last 2 months and for the last three years the OBVolume has been rising while sp is dropping. Doesn't look big holders desperately selling, just despairing yield investors who now assume the dividend stops due to Bengalla using up most of the cash in the bank. Hopefully it will just be reduced, not cut.
    Reminds me of MTS at the bottom (96c) and now its 167c five months later.
    NHC Price at posting: $1.36 Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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$4.87 		Change
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