It’s certainly further de-risking NRW as contracts push further into the future. The key risk when NWH bought Golding was how short they were on contracted work >18months out. Being part of the NWH stable seems to have quickly remedied that.
I’m looking forward to an update on contracted revenue for future years at the AGM.... and confirmation that margins are on track. Maca seems to have got into trouble by bidding low and biting off more than it could chew this year - I think it’s unlikely that NRW has made the same mistakes.
It’s certainly further de-risking NRW as contracts push further...
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Last
$3.90 |
Change
0.010(0.26%) |
Mkt cap ! $1.574B | |||
| Open | High | Low | Value | Volume |
| $3.87 | $3.90 | $3.82 | $2.982M | 769.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1753 | $3.88 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.90 | 52914 | 9 |
View Market Depth
| Last trade - 16.10pm 29/11/2024 (20 minute delay) ? |
| NWH (ASX) Chart |
