NWH 1.20% $3.29 nrw holdings limited

Lower lows for NWH, page-19

  1. 2,317 Posts.
    The person/people playing with this certainly know what they are doing. They breached 37c on Friday with 4200 odd shares and on Monday they closed it off at 37c with an extra 100 shares on the sell. The current trend is for morning buying and afternoon selling. Having said all that the price has held up well given we now know CBA has ditched their shares. No big surprise there.

    I reckon fair value for this is 25c to 80c. 25c representing massive downgrades and 80c being business as usual less 20%. Given we are closer to 25c than 80c I bought some. I've gone with the double dip approach in that I left some of the table to average down or reinvest on any positive announcements. Good luck all.
 
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