My money is riding on this tax being blocked in the Senate. Kevin the one term wonder has done enough damage by the uncertainty he has created. handing out cash left, right and center and then realising he's got none left decides to attack the mining industry and gouge some out of the only thing that is keeping this country going.
Uncertainty is never good for the shareprice of a mining services company like NWH. Yes we've got work in hand but will it keep coming in at the same rate as before with the miners we work for hesitating about developing new projects.
Short term maybe more weakness. I'd like to see it hold $1.40.
mining tax impact, page-8
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Last
$3.89 |
Change
-0.010(0.26%) |
Mkt cap ! $1.778B | |||
| Open | High | Low | Value | Volume |
| $3.93 | $3.93 | $3.87 | $2.420M | 621.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2703 | $3.89 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.90 | 52231 | 2 |
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| Last trade - 16.10pm 11/11/2024 (20 minute delay) ? |
| NWH (ASX) Chart |