That's the kicker right there.
NWH is a great business, run by a very competent management team. However, the best business in the world can't survive if their revenue stream starts to dry up. Mining support companies will be scrabbling for scraps, margins will be progressively lower and some will go to the wall or be swallowed up by others.
I personally believe that NWH will survive, but it now has risk well outside my (moderately) conservative boundaries and today I sold my parcel on the small rise. After the dividend, I see little to support its price, with investors interested in FY16 and beyond. I am fearful of a drop below 50c and I hope for holder of NWH, it does not happen.
On on a positive, I have enjoyed the insightful and informed posts by PA, Riskup and Poppiou (sorry if misspelt) and others. I wish you all the best.
regards
Ed
That's the kicker right there. NWH is a great business, run by a...
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Last
$3.57 |
Change
0.020(0.56%) |
Mkt cap ! $1.626B | |||
| Open | High | Low | Value | Volume |
| $3.56 | $3.59 | $3.50 | $4.442M | 1.249M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 14380 | $3.56 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.57 | 51140 | 8 |
View Market Depth
| Last trade - 16.10pm 22/08/2024 (20 minute delay) ? |
| NWH (ASX) Chart |