SH as usual overreact to less production.
Look at the coal sold. This gives you a good idea of profitability of the company. Coal sold quantity hasnt changed, but price of Thermal coal has. Your cost per tonne has also started to decrease, with less people working hours etc. Cost of labour is also going to go down with unions now realizing that they either risk unemployment due to mine shutting down or ask for low benefits or look at reducing hours (which NHC is doing)...Plus dont forget AUD vs USD is becoming more in our favour as Thermal is also priced in USD.
Coal Sold 1,575 1,615 - 2%
SH as usual overreact to less production.Look at the coal sold....
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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 |
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| Last trade - 16.10pm 26/11/2024 (20 minute delay) ? |
| NHC (ASX) Chart |
