NWH 0.36% $2.77 nrw holdings limited

Bullish Sign? - Bounced off 200 EMA, page-12

  1. 1,807 Posts.
    lightbulb Created with Sketch. 368
    It's been an interesting few weeks:

    - Insider trading accusations related to the FAL contract announcement
    + Malcolm Turnbull turning up the volume on various train line projects
    -/+ RIO Tinto threatening to extend payment terms to all suppliers (incl NRW).. and then changing their minds when the political blowtorch was applied
    - The fledgling commodity revival slumping (maybe)
    - Fortescue cuts costs by in-housing from Downer
    - Middlemount's 1/2 owner, Peabody, goes bust

    NRW's price has drifted around a little but no surprise given the above!

    I'm happy to be on good-ship-NRW. She's been through a few storms, lost a mast and a few crew overboard ... but that looks like land ahoy!?

    Good luck @Riskup and other campaigners of the pre-Samsung F-up period, here's to a nice update in a week or so.

    Cheers,
    pb
 
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