NWH 4.23% $2.04 nrw holdings limited

$82m MC NWH vs $284m MC ASL (+$200m debt)

  1. 1,682 Posts.
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    I just had a quick comparison of Ausdrill and NRW Holdings.

    I can't really see the rationale for only a $82m Market Capitalisation for NWH vs $284m MC ASL (which has $200m debt as well).

    Is this justified? or are we on the cusp of a serious re-rate?
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