I am reminded of Jules' reminders - at the AGM and I think elsewhere - that the company's current annual turnover is what it was previously earning each month! ( and the exclamation marks were his)
Possibly this was a coded message to forget any notion of being taken over because NRW is more than capable of handling massively expanded operations and possibly is gearing up to get back towards 'old days' and even beyond very swiftly )
He also seemed to feel that they had a very comfortable arrangement with their banks so why would that have changed with not Lo g Togo before debt is paid out?
I am intrigued by this announcement.
With Leighton Holdings gone to Cimic and out of the country and I think a few others bought out by international interests as well would be good if our own 'mouse that roared' story continued and stayed in Australia!
Here's hoping 2017 is going to be a far better than predicted year for NWH!
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