NHC 2.87% $4.73 new hope corporation limited

I think it has to do with CS research report yesterday, NHC is...

  1. 1,092 Posts.
    I think it has to do with CS research report yesterday, NHC is starting to look very cheap again.
    Will top up again if it drifts a little lower.

    NHC is a $3 company i believe

    New Hope Hopes Hinge on Mining Approval -- Market Talk

    0429 GMT [Dow Jones] For New Hope (NHC.AU), so much depends on securing a lease to
    extend its New Acland mine. It has enjoyed a rally amid surging coal prices, but Credit
    Suisse says delays to the lease are "now a pressing concern." It lifts its
    target to A$1.75 from A$1.65 following recent share-price gains, but has downgraded its
    rating to underperform from neutral. "However, it's somewhat academic,"
    says Credit Suisse. "Either New Hope gets a new Acland mining lease and the shares
    are worth roughly A$2 or the shares or it doesn't and the share are worth nearer
    A$1.30." New Hope is up 0.9% at A$1.9675/share.
 
watchlist Created with Sketch. Add NHC (ASX) to my watchlist
(20min delay)
Last
$4.73
Change
-0.140(2.87%)
Mkt cap ! $3.905B
Open High Low Value Volume
$4.90 $4.90 $4.73 $8.225M 1.725M

Buyers (Bids)

No. Vol. Price($)
3 38618 $4.73
 

Sellers (Offers)

Price($) Vol. No.
$4.75 2375 1
View Market Depth
Last trade - 16.10pm 25/11/2024 (20 minute delay) ?
NHC (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.