NWH 3.58% $3.50 nrw holdings limited

Ann: NRW successfully completes $120M Placement, page-34

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  1. 2,824 Posts.
    lightbulb Created with Sketch. 234
    AJ40,
    If all holders get $3k worth, that equates to just 1,052 shares each.
    Not a great deal of margin in it, but better than a poke in the eye.........
    And much better that they are trading at a 7.5% premium to Friday's closing price
    Might be a bit higher tomorrow if the ASX follows the DOW after their jump on Friday.
    Good to see it's holding well above the SPP issue price.
    One piece of good news is needed to push it that little bit higher and create a new floor.
    Hopefully it can settle around the $3.30 prior to the release of the Half Yearly.
    Until then, good luck all...
 
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