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.
The contract loss is baked into the share price now, so any...
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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 |