I believe it may be a very good chance that it was NWH that was the contractor.
Straight out of the Annual Report under accounts receivable.
120+ days $4,057,000* with the accompanying explanation * The primary customer has a good relationship with NRW Limited and the customer’s credit worthiness is maintained at 30 June 2008.
C'mon fellas! 120 days? I'm assuming that NWH was happy to extend terms until FMG pulled the rug out on the Cloudbreak to Christmas Creek Rail Line. After that I guess it was "show me the money" time.
Hopefully if it was NWH and they have bailed straight away to get hands on the cash.
I believe it may be a very good chance that it was NWH that was...
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Last
$3.08 |
Change
0.000(0.00%) |
Mkt cap ! $1.393B | |||
| Open | High | Low | Value | Volume |
| $3.08 | $3.09 | $3.07 | $698.6K | 226.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 30 | 18977 | $3.07 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.08 | 27230 | 13 |
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| Last trade - 14.46pm 05/07/2024 (20 minute delay) ? |
| NWH (ASX) Chart |