NWH 3.58% $3.50 nrw holdings limited

huge sellers on market - why?, page-6

  1. 733 Posts.
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    From the relentless selling pressure I've got a feeling there are several institutions slowly liquidating their position following the market update and with the gloomy outlook for the sector.

    I had thought given the stocks excellent fundamentals that it would bounce from a low between 90 and 95 cents but I have now concluded there is still an share overhang and the stock will slowly descend to the 70 cent range.

    I will sit this one out for now.
 
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