NWH 1.21% $3.35 nrw holdings limited

Chart Update, page-1580

  1. 1,829 Posts.
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    ...and (as I know you know Parma!), keep debt low to reduce share price risk and volatility over the medium term. Some of the other smaller mining services companies haven’t had as good a revaluation as NRW because they are still burdened by debt which could implode if we have a global credit crisis or just a mining recession whereas NRW would be fine at these levels.

    A nice positive announcement to even just restate the fundamentals would get us to a more sensible share price. From a “eating the paint off the walls” perspective, as Jacko put it, the company would not want the share price to get too low this quarter I’ll guess because of Asx200 membership and cap raise potential, so if there’s any good news at all we should hear about it!


 
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