NHC 2.87% $4.73 new hope corporation limited

Definitely a solid company for the long haul, with the coal...

  1. 1,118 Posts.
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    Definitely a solid company for the long haul, with the coal markets shifting into their favour. 2017 will be even better as Bengalla earnings are included for the full 12 months.

    In the short term the speculators (and me) are fretting about New Acland not getting approved and even if it is approved, whether there will be significant production losses because of the delayed approval process. If a company with such good environmental and social credentials gets ruled against it would be a travesty.

    A good sign would be management buying up a significant chunk of stock on market, like they did last year (at ~135c).
 
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$4.73
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3 38618 $4.73
 

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$4.75 2375 1
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