Buying off CHAMP doesn't bother me. I would say JP knows Goldings and the industry better than a PE firm. This is genuine industry consolidation, which creates transformational product and geographic expansion for NRW. JP knows Goldings exceptionally well. NRW was actually an underbidder for the business at one time in the past and has followed the business for 10 years. NRW holds the senior management in very high regard. It now has scope to tender for Tier 1 contracts and can expect more work with Salini.
I remember speaking to JP last year and he said that NRW has scope to become one of the biggest players behind Cimic and Downer. This is the first step.
Buying off CHAMP doesn't bother me. I would say JP knows...
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Last
$3.58 |
Change
0.020(0.56%) |
Mkt cap ! $1.629B | |||
| Open | High | Low | Value | Volume |
| $3.58 | $3.62 | $3.53 | $4.253M | 1.187M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 489 | $3.56 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.58 | 15042 | 4 |
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| NWH (ASX) Chart |