I agree with DJBDJB, a $176M contract award should not warrant a Trading Halt. The previous Trading Halt requested prior to a contract Announcement was on 12/12/2016, and that contract was only worth $40m. In the intervening 16 months there have been other contract Announcements above $40M that did not call for the the drama of a Trading Halt, and three of these exceeded $176M (Curragh extension $210, Baralaba $420M and Dalgaranga $340m). What gives?
As an aside, I like these middling-sized contracts – they are less risky, and cause less indigestion. Also, it's good to see contracts from parties other than RIO – customer diversity lessens the risk of relying on a narrow customer base.
I agree with DJBDJB, a $176M contract award should not warrant a...
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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 |
