I've recently been reading and watching a few things by physicists, mathematicians and even the odd environmentalist/humanist who seem to be pretty unbiased. Their sums point to wind and solar not really being feasible (wind will never be economically or environmentally sound, solar until cheaper storage) due to the sheer land mass they use. The conclusion is that coal will be used for the next 30 years at least and probably be replaced by some form of nuclear with solar on rooftops. With global warming making headlines and a temporary supply glut, it seems that it may be the perfect opportunity to buy into a cashed up coal miner who can buy assets cheaply. I think I may use an averaging strategy into New Hope of Whitehaven. I'm really just in the beginning stage of my research but if these people have changed my thinking (someone that does care about global warming and the environment in general) then maybe there are a lot of people that have been partially blinded by the headlines....
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$4.70 |
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Mkt cap ! $3.905B |
Open | High | Low | Value | Volume |
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No. | Vol. | Price($) |
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3 | 13252 | $4.70 |
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Price($) | Vol. | No. |
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View Market Depth
No. | Vol. | Price($) |
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5 | 79299 | 3.030 |
21 | 168806 | 3.020 |
13 | 148258 | 3.010 |
11 | 81121 | 3.000 |
5 | 26338 | 2.990 |
Price($) | Vol. | No. |
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3.040 | 43989 | 3 |
3.050 | 80005 | 5 |
3.060 | 78197 | 4 |
3.070 | 73070 | 5 |
3.080 | 30108 | 3 |
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NHC (ASX) Chart |