Further to this, accepting the inevitable, we all know the price will go up.
Whether this is a good thing, a bad thing or irrelevant depends on perspective .
With reference to the inevitable and to Grizzly’s point I don’t think NRW is -any longer -at a point of being significantly undervalued.
However I believe we are still undervalued and I like it this way.
I am not a trader (apart from 2000 ‘frivolous’ shares purchased in my ‘trading account’ at $1.65) .
I don’t have any goal to realise profits and move my funds elsewhere in order to grow them and I am not in a hurry to sell any to reduce my average price and I probably care just as much about the opshop matchbox dump truck that’s now sitting on my window sill as I would about a Bugatti
(Weirder than believing in Evil Flying Monkeys as it may be )
A genuine reward for me is that my holding supports and gives me a position in a company I have a great fondness for and confidence in.
That is : Based on my past experiences of NRW holdings I trust it.
However naive this may be in investment terms NRW is much more than ‘just an ASX hack’ to me as many long term holders know.
If it was my family business I wouldn’t be wanting out so why should I want out because it’s listed on the ASX?
So where is the financial gain in that ?
Because the Management appreciates my support I have every confidence they will reward me by sharing company profits with me
You may be the arresting officer Saragian but as to your edict :
What care I that we reach a new Closing High?
Sorry Parma
Cheers
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Last
$3.89 |
Change
-0.010(0.26%) |
Mkt cap ! $1.574B |
Open | High | Low | Value | Volume |
$3.90 | $3.93 | $3.88 | $2.711M | 695.5K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 1228 | $3.89 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$3.90 | 36747 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 5058 | 2.370 |
4 | 18795 | 2.360 |
4 | 37687 | 2.350 |
1 | 7879 | 2.340 |
3 | 24992 | 2.330 |
Price($) | Vol. | No. |
---|---|---|
2.390 | 11634 | 3 |
2.400 | 71958 | 7 |
2.410 | 16085 | 2 |
2.420 | 19941 | 3 |
2.460 | 816 | 1 |
Last trade - 16.10pm 28/11/2024 (20 minute delay) ? |
NWH (ASX) Chart |