I've been thinking that given the director buying (not a huge amount, but more than token-gesture) and the fact that they didn't do a CR straight away after the Samsung settlement, they feel they have a reasonably good chance of picking up one of the large contracts they have bid on. If they did win one of those contracts a CR might not be needed - they could probably see a path to paying the debt off within 3 years maybe.
As usual the problem is (as you say), that by the time they are backed into a corner, and have to do a CR, the share price is smashed.
Agree about the CEO remuneration, it needs adjusting - again, given it hasn't happened yet I'm thinking he's agreed to a pay-cut in the new year IF there are no big contract wins...
Capital raising, page-2
Add NWH (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$3.31 |
Change
0.130(4.09%) |
Mkt cap ! $1.506B | |||
| Open | High | Low | Value | Volume |
| $3.18 | $3.32 | $3.17 | $11.69M | 3.569M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 6161 | $3.30 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.32 | 84096 | 8 |
View Market Depth
| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| NWH (ASX) Chart |