After selling out at $1.535 about two weeks ago I've been following the stock closely with my finger on the buy trigger.
My sense for the short-term is that the stock will drift a little lower over the next week and lift towards the ex-dividend date reaching about this current level $1.45 on the 3rd of October.
Unless there is a significant contract announced I think the stock will fall back after the ex-dividend date to around the $1.20 level. There is the risk of a negative market update in the coming months which could push the price down to around $1.
I'm looking to re-enter after the stock goes ex-dividend.
Just sharing my perspective and am keen to hear from others.
Good luck to all.
finger on the buy trigger
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Last
$3.37 |
Change
0.020(0.60%) |
Mkt cap ! $1.533B | |||
| Open | High | Low | Value | Volume |
| $3.33 | $3.39 | $3.30 | $5.853M | 1.746M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 385 | $3.36 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.38 | 21954 | 6 |
View Market Depth
| Last trade - 16.10pm 25/07/2024 (20 minute delay) ? |
| NWH (ASX) Chart |