NWH 2.88% $2.36 nrw holdings limited

More acquisitions?

  1. 1,281 Posts.
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    https://www.copyright link/street-talk/primero-in-the-spotlight-as-nrw-goes-shopping-20190131-h1aoj2


    "Street Talk understands NRW took a very close look at fellow Western Australian contractor Primero Group prior to the latter's listing - handled by Canaccord - last July."

    "The key for $725 million NRW is to make any and every deal accretive to its earnings. Primero is trading at 5.3-times next 12-month EBITDA or 8-times forward profit. NRW shares are at 5.2-times EBITDA (prior to the RCR deal) and 11-times profit, according to S&P Global Market Intelligence, which leaves it plenty of room to move.The question is whether it would offer cash or scrip. Scrip would most likely be the first option - it doesn't have a big strategic or founding shareholder it needs to worry about diluting, and could offer upside to the target."
 
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Last
$2.36
Change
-0.070(2.88%)
Mkt cap ! $889.2M
Open High Low Value Volume
$2.41 $2.42 $2.36 $2.521M 1.056M

Buyers (Bids)

No. Vol. Price($)
15 86719 $2.36
 

Sellers (Offers)

Price($) Vol. No.
$2.37 13276 3
View Market Depth
Last update - 16.10pm 17/09/2019 (20 minute delay) ?
(live)
Last
$2.37
  Change
-0.070 ( 2.09 %)
Open High Low Volume
$2.41 $2.42 $2.36 325229
Last updated 15.59pm 17/09/2019 (live) ?
NWH (ASX) Chart
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