I think it is selling of the news. It gapped down to 1.20 day before yesterday because of ASL's trading halt for a downgrade. ASL's downgrade was not as bad as expected so stock rallied but because there is noone with a stick to force shorters to cover, NWH was still bobbing around 1.185-1.22 yesterday in the morning, until someone in the market got wind of the possible contract award. So when it broke 1.225 technical buying ensued. Today's buyers on the open got suckered big time :(
It is strange that the whole market was ploughing into dividend paying stocks which pay a "paltry" 3-6% dividend and here we have a stock paying 15% plus franking credits, and it is attracting the sharpest shorters in the game (yep talking about CBA/Goldman/NAB , or whoever uses them as their pony broker).
- Forums
- ASX - By Stock
- NWH
- when to top up?
when to top up?, page-14
-
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add NWH (ASX) to my watchlist
|
|||||
Last
$3.55 |
Change
0.050(1.43%) |
Mkt cap ! $1.620B |
Open | High | Low | Value | Volume |
$3.64 | $3.69 | $3.55 | $6.566M | 1.815M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
35 | 28705 | $3.55 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$3.56 | 26254 | 45 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
35 | 30701 | 3.550 |
21 | 48488 | 3.540 |
11 | 15131 | 3.530 |
10 | 38149 | 3.520 |
11 | 119124 | 3.510 |
Price($) | Vol. | No. |
---|---|---|
3.560 | 22828 | 43 |
3.570 | 30275 | 26 |
3.580 | 29667 | 22 |
3.590 | 52596 | 14 |
3.600 | 23999 | 14 |
Last trade - 14.38pm 16/08/2024 (20 minute delay) ? |
Featured News
NWH (ASX) Chart |