Hi dallasaustin...
the compliment is very kind of you.... I think, as an interested observer of all things relevant to NRW, (plus random irrelevancies), cheerleader, naive investor, fieldcrafter and general appreciator I have indeed found a bit of a niche ? (A few people here are probably more deeply to blame than others for supporting me into this role).
FWIW I agree regards the positives you cite - plenty of work, cash etc.
Yet short interest here is the highest it has been in years ?
https://www.shortman.com.au/stock?q=Nwh
It is still not a huge percentage compared to other companies, (MND is more than 4% and SVW around 3%), yet it is BIG for NRW as you can see from the chart.
And as far as I see it, each one of those loaned shares is working for its’ ‘masters’.... (at least two ;
Ie the borrower - Master Two- who sells at the price as at borrowing, then buys the shares lower down to return to the owner - Master One - and pockets the difference, ...and meanwhile ‘Master One’, receives a fee for loaning out the shares).
Then maybe there’s a ‘Master Three ’ who exploits the lower prices by buying into them?
......and maybe it is all just one or two entities.... although this is illegal ?
...so that - wrongly or rightly - is my understanding, and led to that earlier comment.
... And isn’t it EXCELLENT to see the price has currently gained more than 9% today?
Up to $1.61 again !
Cheers
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Last
$3.86 |
Change
0.040(1.05%) |
Mkt cap ! $1.764B |
Open | High | Low | Value | Volume |
$3.82 | $3.87 | $3.82 | $4.828M | 1.255M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 3110 | $3.85 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$3.87 | 15717 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 3110 | 3.850 |
2 | 2318 | 3.840 |
4 | 8246 | 3.830 |
6 | 19095 | 3.820 |
3 | 17838 | 3.790 |
Price($) | Vol. | No. |
---|---|---|
3.870 | 15717 | 5 |
3.880 | 18338 | 6 |
3.890 | 3840 | 2 |
3.900 | 66105 | 9 |
3.920 | 1200 | 1 |
Last trade - 16.10pm 31/10/2024 (20 minute delay) ? |
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