And obviously market depth changes during the day. Today a bit of a doozy - a good announcement with 2 contract wins - guilty of selling in opening, got $1.83. Then during the course of the day it fell back and back rather harshly in my view given the announcement was positive. May buy some more 2morrow on such weakness.
Daily price movements don't normally worry me as target prices are set. Target price of $1.80 was met and exceeded so some offloading. Someone was happy buying it, I was happy selling. The buyer on the day is out of the money - if they set their target price and prepared to wait and take the risk - all good - bearing in mind analysts have a buy recommendation with prices above $2. Anything under $2 in my view is value given an annual div of around 8c ff.
Ann: Contract Awards, page-33
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Last
$3.12 |
Change
-0.010(0.32%) |
Mkt cap ! $1.419B | |||
| Open | High | Low | Value | Volume |
| $3.16 | $3.17 | $3.09 | $2.845M | 911.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 15216 | $3.11 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.12 | 46063 | 1 |
View Market Depth
| Last trade - 16.10pm 17/07/2024 (20 minute delay) ? |
| NWH (ASX) Chart |