What nonsense.
When met with weakness, you go in for the kill.
NWH doesn't want a drawn out battle. They will cop an average deal - maybe even a pretty rubbish one - for the sake of closing this out. Samsung is as savvy as any other commercial negotiator, and they will take advantage of that.
Personally I'd like to see NWH do a huge raising. They could use the money raised to:
1. pay down a little debt, to keep the bankers happy;
2. build up a fighting fund to litigate against Samsung if necessary (and ensuring Samsung knew that would be beautifully self-promoting because it might encourage Samsung to come to the party on a reasonable deal);
3. pay out a solid part of their retained earnings, thus distributing some of NWH's massive franking credit bank.
FD
What nonsense. When met with weakness, you go in for the kill....
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Last
$3.07 |
Change
0.010(0.33%) |
Mkt cap ! $1.390B | |||
| Open | High | Low | Value | Volume |
| $3.06 | $3.09 | $3.05 | $1.429M | 465.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 5066 | $3.07 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.09 | 10227 | 3 |
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| Last trade - 16.10pm 10/07/2024 (20 minute delay) ? |
| NWH (ASX) Chart |