$235mil over 4 years for the construction + 10 year maintenance contract.
This may not be the short-term catalyst a lot of us were looking for (inluding myself) as we were hoping for 300mil+, however, it is good news for those intending to hold NWH for the long run. The FAL contract opens the door for NWH to bid on other government projects. It will also provide steady cashflows reducing the firms risks. There are still a number of contracts NWH has placed tenders on, i expect we should receive updates of those in the coming months.
Ann: Salini-NRW FAL Contract Award-NWH.AX, page-2
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$3.13 |
Change
-0.040(1.26%) |
Mkt cap ! $1.424B | |||
| Open | High | Low | Value | Volume |
| $3.17 | $3.18 | $3.12 | $2.397M | 763.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 13121 | $3.13 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.14 | 2944 | 2 |
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| NWH (ASX) Chart |