NHC 2.74% $4.87 new hope corporation limited

News: New Hope says looking for more coal acquisitions in Australia, page-3

  1. 643 Posts.
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    Although handy it is not necessary for NHC as Australia only has a very small amount of power generation.

    For some reason Australia seems to want to build windmills and charge Australians 6 X what they should be paying for electricity rather than use our coal here..

    Even Japan is increasing its coal fired power generation, http://www.abc.net.au/news/rural/2017-01-31/japan-coal-power-plants/8224302..

    In my opinion NHC is one of the best stocks on the ASX, it has a bucket load of money in the bank, good assetts, and is protected from being bought out by its company structure with SOL Pattinson and Brickworks.
 
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$4.87
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0.130(2.74%)
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7 29448 $4.87
 

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