Yes, agree.
The advantage of having a longer term relationship with the company is that (IMHO, DYOR) we know we can trust them not to do crazy things like take on a contract that will cause them to lose money (except in an outlier case). We've said this before, but they've been through Samsung and a crash of work a few years ago and they are relatively risk averse (and they have openly said this).
I have no idea why the share price is low compared to what seems like fair value given the likely Fy18 and fy19 results. However, I'm not going to worry about it. Tune in again when there's a RIO contract win (hopefully!) or else in August for the results.
Ignore the share price and NRW looks great!
Ann: Baralaba North Update, page-66
Add NWH (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$3.89 |
Change
-0.010(0.26%) |
Mkt cap ! $1.574B | |||
| Open | High | Low | Value | Volume |
| $3.86 | $3.92 | $3.84 | $906.3K | 232.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 10542 | $3.89 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.90 | 6560 | 22 |
View Market Depth
| Last trade - 12.39pm 04/12/2024 (20 minute delay) ? |
| NWH (ASX) Chart |
