when?, page-22

Looks like NWH has missed out on the best week of trade in many months. Was avoidable IMO. Contrators are in constant negotiation with various parties when seeking work. Sometimes the deal appears close and then falls over. Bit like selling a house. So nobody should be surprised when a contract company sits down with prospective cutomers while trying to hammer out an agreement. But such is the paranoia by ASX and ATSIC re insider info/trading that it has been taken to extremes. Hence, NWH is suspended when something may/maynot eventuate. If anything it gives the customer a huge advantage. He knows the contractor has suspended trade and the mkt is anxiously expecting the deal to be announced.It gives customer unfair power to suddenly (at last moment) screw a tougher agreement from contractor..... as he knows SP will drop suddenly should the deal not close. Far better to follow UGL DOW who state up-front weeks ahead in their announcements that they are negotiating deals with customers which 'they hope will be signed-off.' No suspension is ever needed and contracts are announced an hour before the mkt opens. Simple really.