Rambo23
The loss of Middlemount or RIO would/could send NWH to the wall. The win of a major contract could inject much needed revenue and possibly lead to a small profit.
The question is, do I add to my position now and lower my average cost with the anticipation of good news, do I sell at a 40% loss with the anticipation of less work/loss of contract or hold and wait for the business to improve and possible make a decent gain?
I would love to see NWH win the Perth rail contract and turn a profit again but If they don't they could be left with a lot of plant and equipment doing very little that is worth less than the debt held against it.
Looks cactus, page-8
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Last
$3.31 |
Change
0.130(4.09%) |
Mkt cap ! $1.506B | |||
| Open | High | Low | Value | Volume |
| $3.18 | $3.32 | $3.17 | $11.69M | 3.569M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 6161 | $3.30 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.32 | 84096 | 8 |
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| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| NWH (ASX) Chart |