Bears will always take advantage when a company is silent. Downward trend is caused by short sellers and low trading activity. It would take less than $1 million to see a rebound in the share price. One cannot simply dismiss the figures and short selling of an undervalued company cannot go on for an extended period of time. If NWH is not complying with its obligations under listing rules, they will be under investigation of ASX and be issued a 'please explain'.
I believe my calculations are correct and buying at the current price would be a good entry point.
Bears will always take advantage when a company is silent....
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Last
$3.90 |
Change
-0.010(0.26%) |
Mkt cap ! $1.783B | |||
| Open | High | Low | Value | Volume |
| $3.92 | $3.92 | $3.87 | $1.702M | 436.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1965 | $3.89 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.91 | 7164 | 2 |
View Market Depth
| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| NWH (ASX) Chart |