I suspect we've been in a bubble since the end of April, created by higher iron ore prices. This has boosted the share prices of mining companies that are heavy into iron ore along with NWH and some of the other contractors. But given the supply/demand situation for iron and steel, the bubble is likely to be short lived. I still like the company in the long term, assuming the Samsung contract doesn't bankrupt it. I don't think it will.
NWH to test $0.16 again, page-3
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Last
$3.29 |
Change
-0.040(1.20%) |
Mkt cap ! $1.497B | |||
| Open | High | Low | Value | Volume |
| $3.28 | $3.29 | $3.24 | $2.811M | 857.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2035 | $3.27 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.29 | 5740 | 1 |
View Market Depth
| Last trade - 16.10pm 02/08/2024 (20 minute delay) ? |
| NWH (ASX) Chart |