NHC 0.64% $4.70 new hope corporation limited

strong quarterly, sinking sp

  1. 808 Posts.
    The quarterly report looks good, strong performance, however the SP doesn't go anywhere.

    I still don't understand the recent severe drop, even though div has ended, it looks oversold to me. Any thoughts? I would say New Hope is in a very strong position with cash in hand and rising coal price.
 
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