Bullish Sign? - Bounced off 200 EMA, page-2131

I’ll be happy with “it’s all good”
Current buying seems to indicate that, however the numbers settle, there is an institution that feels $1.70 is, if not “all good”, at least fair value .

In regards coming years the Queensland report I linked to on the ‘6 billion ‘ thread seems to be biased towards ‘flash in the pan’ cautions about the current boom - at least in that state..
But my trust in the company’s agile flexibility, recent acquisitions, and Management’s past experience of dealing with/weathering ‘black swans’ leads me to feel NRW Holdings is currently in a prime position to manage its future in a successful way .
That not only includes being selective about contracts but also potentially following through with some kind of diversification strategy if our leaders do intend to follow the M&A route and merge with or acquire other businesses. ( something they were certainly NOT thinking about at the AGM last year)

Another thing I have confidence in is the NRW ‘trademark’ use of diplomacy and subtlety in the way it communicates and positions itself .
NB that Facebook post from Diggers and Dealers .
Amongst many other signals was the comment it had been “very successful”.
Obviously the real deals are done behind the scenes ....

Have I mentioned I love this company ?
Cheers