NWH 1.43% $3.55 nrw holdings limited

when to top up?, page-14

  1. 9,544 Posts.
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    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).
 
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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
Last trade - 14.38pm 16/08/2024 (20 minute delay) ?
NWH (ASX) Chart
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