The contract loss is baked into the share price now, so any further loss should be seen as an opportunity. Hopefully they can give a revised forecast to their earnings so we can judge its effect. Of course the risk now is that the company will lose more contracts and there'll be less on offer... I guess that's evident in the low earnings multiples the company is trading at... some of the "assets" will also need to be written off as a consequence. We'll see what comes over the week.
My position should've read none in my previous posts. Sentiment is still Buy.
great metrics, page-13
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Last
$3.50 |
Change
-0.130(3.58%) |
Mkt cap ! $1.600B | |||
| Open | High | Low | Value | Volume |
| $3.60 | $3.64 | $3.50 | $2.412M | 683.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 43381 | $3.50 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.53 | 1328 | 2 |
View Market Depth
| Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
| NWH (ASX) Chart |