Considering the share price appreciation the last 6 months the correction suffered in the last week is potentially just that - “a correction”. Other views could be conjured up such as NRW is considering an acquisition which those inside the tent do not like which is causing the decline or worse still a leak exists which is pointing towards a disappointing half year result?
I have discounted the risk of a leak as Jules and the team have a faultless track record in that regard. I do believe the possibility exists of future corporate action given the number of assets currently on the for sale block. My conservative nature forces me to also dislike this scenario and would cause me concern especially if it was a material deal. I am speculating of course, but interested in other views out there?
2023 General, news, etc, page-7
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Last
$3.14 |
Change
0.020(0.64%) |
Mkt cap ! $1.422B | |||
| Open | High | Low | Value | Volume |
| $3.15 | $3.15 | $3.09 | $6.031M | 1.924M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 11253 | $3.13 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.15 | 43075 | 11 |
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| Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
| NWH (ASX) Chart |