still possibly way cheap @ these levels given the favourable economic outlook for both this stock and sector alike
mkt slowly coming to terms with turnaround currently underway which will also start to be magnified in the 6 month results to year end 31/12/03 which might be realeased very very very shortly
my expectations are for a significant turnaround for 6mths ended 31/12/03 as the company has now dealt with & closed the hih case litigation(subject to payment of a minimal amount $75,000 every 6mths to about 06/07) and this should be sebsequently reflected in the accounts as the one off items have now finished and the company effectively should operate as a 'clean skin'
kerry stokes (ch7)sees this and his ace p/l westrac has invested accordingly
NHR Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held