NRW Holdings (NWH)
Hi James and Team, Are you able to shed some light on why the share price for NWH has dropped off to its current disappointing low. Their recent announcements are positive, some of their key metrics look good (ROE > 15, forward PE of 10, at current pricing offering a 4.5% dividend fully franked, reasonable debt levels, RSI of 30, etc.). The materials and infrastructure backdrop is good and strongly aligns with their core business. So what am I missing ? I’d appreciate your thoughts and comments. Thanks, Jan P