NHC News: Despite shrinking by AU$135m in the past week, New Hope (ASX:NHC) shareholders are still up 430% ove - 18th Apr 2024, 6:01am

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It might seem bad, but the worst that can happen when you buy a stock (without leverage) is that its share price goes to zero. But if you buy shares in a really great company, you can more than double your money. To wit, the New Hope Corporation Limited (ASX:NHC) share price has flown 274% in the last three years. How nice for those who held the stock! The last week saw the share price soften some 3.3%.

While this past week has detracted from the company's three-year return, let's look at the r...

>>> Read more: Despite shrinking by AU$135m in the past week, New Hope (ASX:NHC) shareholders are still up 430% over 3 years
 
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