NWS 2.14% $40.70 news corporation..

bottomed out? technically?, page-2

  1. 9,081 Posts.
    NWS has quality assets + huge cash & growing cash pile.

    Vastly undervalued.

    Its fall from grace is (was) primarily due to its domicle away from Oz to the USA ... Aussie fund managers just HAD to sell ... and given the overweight position most had when NWS was an "Aussie" stock, the selling (re-weighting) has been extreme.

    NWS .... a value stock to 'salt away' for superior long term returns ..imo

    $20 support level is critical ... it needs to make higher high and lower lows from here to establish a new uptrend.

    A close below $20 .... and ... I hate to think!

    $20 should hold.
 
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Last
$40.70
Change
-0.890(2.14%)
Mkt cap ! $1.142B
Open High Low Value Volume
$40.22 $40.82 $40.22 $6.630M 163.0K

Buyers (Bids)

No. Vol. Price($)
1 123 $40.61
 

Sellers (Offers)

Price($) Vol. No.
$40.72 148 1
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Last trade - 16.10pm 24/05/2024 (20 minute delay) ?
Last
$40.68
  Change
-0.890 ( 1.68 %)
Open High Low Volume
$40.29 $40.81 $40.26 4835
Last updated 15.59pm 24/05/2024 ?
NWS (ASX) Chart
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