My previous post in this thread substantially repeats Eliwana and Koodaideri information that I have posted before. The reason why I wrote about it again was to to have readers expect a number of Announcements of contract wins between now and September, and a bit later too, and apply that expectation to the sentiment I write about below.
Those who focus on NWH's price movements are aware that this is a volatile stock, and that tells me that the company has both shareholders an would-be shareholders that are by nature flighty - the sort who need a caffein kick daily (provided by share movements) and a heroine kick (positive Announcements) regularly. The latter has a typical exponential decay, so if the inter-Announcement gap is too long, Mr Market assumes a negative mood That Announcements of contract wins are sure to be made soon, is the reason why we should see the SP move along the upward-sloping corridor that one sees in Saragian's oft-posted charts, IMO.
As Saint Pioupiou would say, "Fret ye not about the vicissitudes of the SP when the SP drops, but rather have faith in the fact that many suitable-for-NWH contracts are in the offing, and NWH should get its fair share of them, and shareholders shall be elated.
Another new word for the day, "offing". That is the expanse of water that one can see from the shore, and "in the offing" comes from a phrase to describe fishing boats that could be seen returning to harbour with their catch.
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Last
$3.89 |
Change
-0.010(0.26%) |
Mkt cap ! $1.574B |
Open | High | Low | Value | Volume |
$3.90 | $3.91 | $3.88 | $175.8K | 45.14K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
12 | 4200 | $3.88 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$3.89 | 1915 | 6 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
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 - 10.19am 28/11/2024 (20 minute delay) ? |
NWH (ASX) Chart |