PYX Resources: Achieving volume and diversification milestones. Watch the video here.
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'Saturday Night at the Movies':-
An illustration of how dangerous automatic doors can potentially be in the wrong hands:-
"The Death Of Saunders in Vienna
From The Living Daylights
Head of Section V, Saunders (Thomas Wheatley), falls foul of some sabotaged automatic doors in The Living Daylights (1987). The balloon that Bond (Timothy Dalton) pops has the words ’smiert spionom’ written on it, which translates as ‘death to spies’."
https://www.007.com/the-death-of-saunders/
The NWT s.p., up over 100% in 2023 at 68p, has had a real 'licence to thrill' this year.
And with 100p now not that far off, there's a good chance that it will achieve 'double O' status in the near term ...
"Global Automatic Door Market Trending Upwards, EN 16005 Demands Annual Maintenance
... Safetell – an experienced and trusted automatic door partner
Safetell has a proven track record of automatic door servicing and maintenance. As well as carrying out annual checks to ensure compliance with EN 16005 regulations, our experts are adept at repairing faults and issues, keeping downtime to a minimum ... "
https://newmarksecurity.com/insights/global-automatic-door-market-trending-upwards-en-16005-demands-annual-maintenance/
Hedgehog100 Posts: 3,346 Price: 59.00 Strong Buy
RE: The Impact of Martyn’s Law / Protect Duty on UK Businesses9 Dec 2023 17:57
"Another area of overlap is between entrance control installations, and automatic door servicing:- ...
So Protect Duty generated entrance control business for NWT should also boost NWT-Safetell autodoors servicing business."
https://www.lse.co.uk/ShareChat.html?ShareTicker=NWT&share=Newmark-Security
This is especially so considering that automatic doors safety standards & annual maintenance are boosted by their own regulatory growth drivers, as they are a legal requirement:-
"Global Automatic Door Market Trending Upwards, EN 16005 Demands Annual Maintenance
JANUARY 19, 2023"
https://newmarksecurity.com/insights/
"Global Automatic Door Market Trending Upwards, EN 16005 Demands Annual Maintenance
The global automatic door market is predicted to grow in all segments over the next five years, according to multiple reports. The widely-adopted EN 16005 directive also means building owners must ensure their doors meet stringent safety standards. ...
The directive was ordered to improve safety standards and states that people and goods are not allowed to be hit by moving doors. To ensure this is achieved, EN 16005 says that power-operated doors must be installed with safety sensors and door operators that are in constant communication.
Maintenance has to be carried out by approved technicians annually on all doors covered by EN 16005. Failure to do so leaves owners potentially liable should an incident occur because of a faulty door. The scope of EN 16005 is described as “[dealing] with all significant hazards, hazardous situations and events relevant to power-operated doorsets when they are used as intended and where conditions of misuse are reasonably foreseeable by the manufacturer”.
While the EN 16005 regulations were agreed upon for use in Europe, it has also been adopted by nations in the Middle East and Asia.
What is the size of the automatic door market?
The global automatic door market reached a value of $18.44 billion in 2021. IMARC Group expects the market to reach $30.09 billion by 2027, exhibiting at a CAGR of 8.27% during 2022-2027.
The IMARC report cited “significant growth in the construction industry” as one of the critical drivers of growth in the automatic door market. It also noted that automatic doors are increasingly finding favour as they provide secure and convenient door access to differently-abled individuals.
The impact of COVID-19 is also at play. The pandemic drove a rise in demand for automatic doors as they provide hands-free access to public places, such as shops, hospitals, restaurants, office buildings, and apartments, and cut the risk of viral transmission. ..."
https://newmarksecurity.com/insights/global-automatic-door-market-trending-upwards-en-16005-demands-annual-maintenance/
Hi Marie-Claire,
Just a quick note to wish you all the best at the conference today. It’s fantastic that you are in NYC promoting what we do.
You should not hold back in telling the audience what you’ve created and achieved in the US (as well as the UK/Europe obviously) and what you have planned. The strategy success is only just becoming visible to investors who are closer to the business. Whilst our valuation has doubled on the back of this, we have a market cap of under $10m, yet revenues are at $25m and growing alongside profits that are set to escalate. Given our margins and opportunities there are many more multiples to come as our success will become much clearer for wider investors in the next 18 months. Thus, the timing is perfect to be updating investors at this conference in the US about our business and our plans.
It looks an amazing conference, full of potential investors who will be looking hard to find the best investment opportunities in the sector. Tell them - we are the one! They and I will thank you for it.
All the best
David
Many thanks dab,
Welcome martyh,
Frustratingly there are no forecasts but here is a slide worth looking at. https://x.com/00dab/status/1734941407431839919?s=20
The decline in the old Safetell business has masked the growth in Grosvenor Technology. The business looks like it is treading water at the top level but as this graph shows it is a very different story.
In January it became very clear that we have a very successful strategy in GT playing out. The price has risen from 30p in Jan to where we stand today, but this is still very cheap. This year has seen a turn around in Safetell (as per the final results of 22/23) so we are expecting both business to be adding to the bottom line for 23/24. Note that we also had an impact from UKG on 2022/23 and 1H 24 revenues, this will work through this year leaving us with what I believe will be a £2m+ profit in 24/25. This is all my own research. Please do you own. All the usual caveats etc. Happy to help with any questions.
Are there any forecasts in the market for NWT?
Thanks
Imperial Capital
@ImperialCapital
Imperial Capital is a Toronto-based private equity fund focusing on buy-out opportunities in the Canadian and U.S mid-market (EV's between $50-$300mn).
I'm waiting for the 'X' feed to start on the Security Investors Conference, I will then chip in with a few take aways for one of the presenting businesses 'Newmark Security'.... Let's see if we can drum up some attendees for Marie-Claire's session and shine some light on this amazing opportunity.
It has to be a bit frustrating for anyone wanting to take a big bite or even a small one given there is (currently) a lack of stock supply. We've moved up on very little volume from 50p to 65p on the back of around 50,000 shares. Sellers who might have previously sold into such a rise are clearly sitting on their hands given we are so close to the strategy coming through in the numbers. I'm not selling a share until we are 100p + and then not many, I expect many other long term holder might be doing the same. The opportunity to go so much higher will be a constraint for sellers. A take over is clearly the way to go if you really want to get in and you are big enough or perhaps you have to approach directly the holders of significant holdings an agree a price (250p +), as otherwise you are constrained to a 1,000 shares a time with the price moving up trade by trade.
It's a wonderful place to be.
" ... here's hoping that some American investors take a really big bit of us!"
A really big BITE of us rather!!
Thanks Dab!
The 'B&B' impact here has certainly been quite a hit: that's Bitner-Bessmann of course, not bed-&-breakfast ... though you could be 'dining out on this' for quite a while!
But I'm sure you won't mind sharing credit with our CEO's 'Big Apple' news: and with the 2023 Security Investor Conference starting in New York tomorrow, here's hoping that some American investors take a really big bit of us!
It has taken a while but we are pushing nicely higher knowing there will be further validation that there has been a real strategic change in the business as a whole.
GT continues to win contracts, grows reoccurring revenues and is highly profitable.
Safetell grows revenues further after years of decline with its new strategy, supporting profit growth for the group as a whole.
All very probable outcomes from the new year update, all leading to a price that could well be above multiples of where we are now.
A £6m valuation for a business that is turning over £20m and has net assets of £8m, that is cash generative and profitable is laughable. Again I stress just a £6m valuation...
It is great to be on this journey with you Hedgehog. When we hit £2, the champagne is on me at the next AGM!
From the legendary Jesse Livermore:-
"Buy rule:
Go long when a stock hits a 50-week high"
https://www.tradingwithrayner.com/jesse-livermore-quotes/
Recent Share Trades for Newmark Security (NWT)
Date Time Trade Prc Volume Buy/Sell Bid Ask Value
11-Dec-23 15:28:28 63.00 1,000 Buy* 58.00 65.00 630.00 O
11-Dec-23 15:22:39 63.00 1,000 Buy* 55.00 63.00 630.00 O
11-Dec-23 13:50:12 63.00 1,000 Buy* 55.00 63.00 630.00 O
11-Dec-23 13:42:11 62.50 5,800 Buy* 55.00 63.00 3,625 O
So another new two-year high today for NWT, and a long-overdue move into the 60s: up 2.5p (4.24%), closing at 61.5p (58p - 65p).
This looks like a significant chart breakout upwards from the 50s trading range of most of the last nine months.
"Religious Building
Safetell Safeguards Place of Worship against External Threats
Places of worship are a potential target for hate crime attacks, and it is imperative to protect the religious community within the building from external threats. A concerned religious establishment approached Safetell while looking for a solution to ensure their security and safety.
Solution
Safetell designed and constructed a two-part security system that met the project’s needs. The first part was a reinforced version of the ornamental railings that were originally in place, and the second part was a secondary ballistic glazed system that spanned the entrance to the building behind the railings. PAS68 bollards were also installed to shield the building from potential attacks.
To maintain the ornate appearance, Safetell had to overcome the challenge of creating a foundation to support the system on top of the vaulted crypt. The solution involved fixing the posts securely, despite the weakened 19th-century steel and clinker slab below. The railings had to open outwards for easy access to the glass for cleaning and had to have no visible fixings. Safetell was able to achieve this by adding bespoke hidden latches and hinge mechanisms and colour-coordinated cover plates on all external fixings.
Outcome
The security system provided the necessary protection required while maintaining an aesthetic appearance that was unobtrusive and sympathetic to the surroundings, demonstrating Safetell’s commitment and expertise in providing security solutions that meet the unique requirements of each project. Contact Safetell if you require any security solutions for your premises!"
http://www.safetell.co.uk/case-studies/safetell-safeguards-london-place-of-worship-against-external-threats/
It's significant that for both of the above projects, the client or the client's agent approached Safetell for their needs, rather than vice versa.
And this seems to be the norm for Safetell, as with their Stonehenge project:-
" ... English Heritage approached Safetell, a security solutions provider ..."
http://www.safetell.co.uk/case-studies/protecting-britains-heritage/
This is a sign of a commanding Safetell reputation, in line with NWT's growing 'go-to' status for both its subsidiaries:-
23rd Jan 2023 7:00 am RNS Final Results
" ... In an increasingly risk-aware enterprise environment, we have been working hard to broaden our reach and reputation as a trusted security partner, becoming a go-to brand for customers who are seeking this control to simplify the growing complexity of security and compliance requirements in the intersection between physical and digital worlds. ..."
https://www.lse.co.uk/rns/NWT/final-results-fjybevmguogyzsg.html
Safetell's long experience and expertise in protecting against terrorist attacks should make it a 'go-to' provider for Protect Duty generated demand:-
"Case studies
Throughout our 30-year history, we have helped protect some of the UK’s most secure and iconic locations, working with individual clients as well as many contractors and consultants working on behalf of others. Whether using a standard tested and proven product or designing a new solution for a specific problem our design team is on hand to help you find the right solution."
http://www.safetell.co.uk/case-studies/
"International School
International School – Reducing Security Risks
Given the ever-present risk of a terrorist incident in major cities, an international school in central London decided to proactively address the risk and implement measures to safeguard the children, and staff, whilst at school.
Challenge
The risks the school faced could be from low-level attacks from unstable individuals, through to potential attacks with firearms, and vehicles used as weapons, either indirectly or directly targeting the school. The client needed an unobtrusive solution that would secure the perimeter whilst still ensuring the space around the school would not be affected, leaving the children a protected outside space to play. It was important for the children to have a clear view outside, making the space feel open, whilst still providing protection and privacy from the outside in.
Given the ever-present risk of a terrorist incident in major cities, an international school in central London decided to proactively address the risk and implement measures to safeguard the children, and staff, whilst at school.
Solution
After receiving the enquiry and conceptual plans from the architect, Safetell reviewed the requirement and prepared a solution that would meet the project’s needs. Working closely with the main contractor, Safetell designed and manufactured a ballistic boundary system to protect the perimeter around the school. Utilising a combination of the ballistic resistant walling and discreetly positioned PAS 68 bollards to create a shield preventing large vehicles from ramming into the school. The walling itself was made up of bullet-resistant armour and glass to protect against firearm attacks.
Outcome ...
“We are immensely proud of this unique and important installation. It is a prime example of Safetell’s capability, proficiency and effectiveness when presented with a clients physical security problem. As always our design team focused on the client’s desired outcome and worked our way back to the solution that mitigated the risk for the school. ”
Nick Shannon
Managing Director, Safetell""
http://www.safetell.co.uk/case-studies/international-school-reducing-security-risks/
From the new Grosvenor Technology article on the UK's forthcoming Protect Duty legislation:-
"Insights
Martyn’s Law and Access Control – Being Ready for The Terrorism (Protection of Premises) Bill
As industry innovators, it’s our mission to continuously look forward and anticipate the demands of tomorrow’s environments.
Paul Smith
Head of Quality & Compliance
... Supporting the Introduction of Martyn’s Law
Upgrading to the latest estate-wide door security and access control systems is only one step on the path to true compliance with Martyn’s Law. The bill requires the development of security plans and processes to be put into place, as well as the full training of staff. ..."
https://www.grosvenortechnology.com/insights/martyns-law-and-access-control-being-ready-for-the-terrorism-protection-of-premises-bill/
This likely increased need for security plans and training looks to have been well anticipated by NWT:-
From early September this year:-
"Insights | Company News
Meet The Trainer
The Power of Dynamic Training
Book training
Colin Leatherbarrow
Managing Director
Grosvenor Technology is pleased to introduce Robert Taylor, who joins the company as Access Control Trainer. Robert brings with him a high level of experience and talent for engaging and accessible training, which has enhanced the existing programmes. ...
Already ringing the changes, Robert’s efforts have resulted in hugely beneficial projects. These include establishing centralised training resources for accessible information, introducing a collaboration with industry leaders Assa Abloy and Gamanet, and a streamlined online booking system. ...
In a landscape where technology shapes the future, the appointment of Robert Taylor is a significant step forward as Grosvenor Technology strides forward in creating a more secure and efficient world. ..."
https://www.grosvenortechnology.com/insights/meet-the-trainer-the-power-of-dynamic-training/
And from late November this year:-
"The significance of tailored security
... Employee training: Tailored security solutions often incorporate comprehensive employee training and awareness programmes. These initiatives equip your workforce with the skills and knowledge to identify and respond to security threats and foster a culture of vigilance and responsibility. ...
Response planning: Customised security solutions are often designed with security response plans, tailored to the unique risk profile of your business and outline specific, step-by-step actions to be taken in the event of security breaches. With a detailed response strategy, companies can minimise the potential damage from security incidents and streamline their recovery processes, ensuring business continuity. ..."
https://newmarksecurity.com/insights/why-tailored-security-is-the-way-forward/
Another area of overlap is between entrance control installations, and automatic door servicing:-
26th Sep 2023 7:00 am RNS Final Results
"... Our Physical Security Solutions division, Safetell, is also now well-positioned to make a greater contribution to this strategy, by growing its services to achieve national scale efficiencies as well as optimising its product portfolio and improving its competitive position with broader manufacturing and supply chain options. Already underway, these initiatives will see it continue to advance its share of the Entrance Control and Automatic Door servicing market by pressing its advantage, offering complete security solutions with services that bring rapid response to customers' needs, as well as targeting new market opportunities with an enhanced sales and marketing team. ...
Already underway, these initiatives will see it target larger contracts in entrance control, build new national scale relationships for our Autodoor Service Department ..."
https://www.lse.co.uk/rns/NWT/final-results-s32ymd0rnewx4w0.html
"WHAT ARE THE BENEFITS OF INSTALLING AUTOMATIC DOORS?
... Added security
Automatic doors can help manage access to your building and be used as part of your overall security strategy. They can be controlled remotely with access only being granted to particular traffic. They can be deactivated entirely or programmed to open and close during certain hours or during particular conditions.
Automatic doors can easily be integrated with other security systems, such as security cameras and alarm system. In an emergency they can be set to remain open to allow speedy evacuation of the building. ..."
https://insights.safetell.co.uk/automatic-door-installation
"WHY AUTOMATIC SLIDING DOORS ARE GOOD FOR COMMERCIAL PROPERTIES?
" ... Security
Automatic sliding doors contain tough security glass that is robust and shatterproof. When the building is not in use and the doors are in a closed and locked position, they are extremely difficult to force. Because they slide open, they are incredibly difficult to attempt to force. Modern automatic sliding doors contain advanced security features that improve the overall security of commercial premises.
It’s also possible to combine automatic sliding doors with entry systems that ensure they only open when personnel with the correct access permission approaches. Automatic sliding doors can be configured to enable generalised access during working hours, or more limited access to employees and permitted visitors. ..."
https://insights.safetell.co.uk/why-automatic-sliding-doors-are-good-for-commercial-properties
So Protect Duty generated entrance control business for NWT should also boost NWT-Safetell autodoors servicing business.
"King's Speech (7 November 2023): On-the-Day Briefing
His Majesty The King today (7 November 2023) set out the Government’s agenda for the next Parliamentary session. This briefing details the new Bills of relevance to local government and outlines our local government priorities
... Terrorism (Protection of Premises) Bill
• Known as Martyn’s Law, the Bill will introduce a new duty to protect public premises from terrorism.
• The Bill will require certain venues to take proportionate steps according to capacity to mitigate the impact of a terrorist attack and reduce harm. ..."
https://www.local.gov.uk/sites/default/files/documents/King%27s%20Speech%202023%20-%20OTDB.pdf
So the Protect Duty law is intended to enact in the current Parliamentary session, ending in October 2024.
And forward-thinking businesses should start preparing in advance of the new Act being passed.
"PROTECT DUTY
The Home Office estimates that 650,000 UK businesses could be affected by Protect Duty. ..."
https://marlowefireandsecurity.com/resources/protect-duty/
This is a major business and investment opportunity, and I'm not aware of a better play on it than NWT.
And as such this could attract considerable investment interest into the company.
And interestingly, NWT's 23.1.23 final results also talk of an overlap between Access Control and HCM (human capital management):-
23rd Jan 2023 7:00 am RNS Final Results
" ... Internationally, the emerging overlap in HCM and Access Control creates a new cloud-based opportunity for combined solutions, and together these represent a very large market for our future growth. ...
By offering secure cloud control of people's access, time keeping and identity data at work, we are shifting the strategic value paradigm, raising the customer focus from its former dependency on hardware 'clocks' and 'access terminals', to one that empowers the intelligent enterprise. Through our solutions, customers will gain the capability to enable and connect a broad range of internet-enabled devices securely in the cloud with unified software control - creating a trusted ecosystem in the workplace. ..."
https://www.lse.co.uk/rns/NWT/final-results-fjybevmguogyzsg.html
So potentially, Protect Duty generated business for NWT could also perhaps encompass NWT-GT HCM business.
The Grosvenor Technology Protect Duty article just published complements a Safetell article on the same subject published in June:-
"The Impact of Martyn’s Law/Protect Duty on UK Businesses
28 June, 2023
... If the bill passes, more than 650,000 UK businesses will be required to enhance security controls, including commercial businesses, nightclubs, and publicly accessible venues. This may include installing mandatory physical updates such as bollards, intruder detection technology, tactical CCTV, and extra secure entrances and entrance controls.
... Safetell offers a unique portfolio of entrance control products that cater to various needs and can be integrated with any access control system and directly address the physical requirements suggested in Martyn’s Law. ..."
http://www.safetell.co.uk/insights/the-impact-of-martyns-law-protect-duty-on-uk-businesses/
And indeed previously, NWT has focused on the Protect Duty opportunity for Safetell specifically:-
10 Sep 2021 07:00 AM RNS Final Results
"... OUR DIVISIONS - Physical Security Solutions division (previously Asset Protection division)
... Re-focusing our business and services
During a year that has brought unique challenges for many businesses, we have worked hard to transform the Safetell business ...
The new 'Protect Duty' legislation, should it become law, will mean that the owners and operators of businesses and public spaces such as concert halls, shopping centres and parks will be legally bound to protect their sites and shut them down in the event of a terrorist attack. That means they will need remote locking facilities, screens on all their counters, and even breakout facilities where people can get to and stay safe. We anticipate that many new opportunities will open for us to support businesses that need to comply with such new legislation. ..."
https://www.investegate.co.uk/announcement/rns/newmark-security-plc--nwt/final-results/6774438
But this is clearly a huge opportunity not just for Safetell, but for Grosvenor Technology as well.
And moreover, these two subsidiaries will be able to complement-support each other on this.
The related areas of entrance control and access control are a good link between Safetell and GT, so both sides should already be benefitting from referral business between the two.
"Entrance Control vs Access Control
10 February, 2021
Entrance and Access Control are both necessary elements to control who enters and exits any premises or secure area, but do you know the true difference between the two?
Access Control
Access Control refers to the selective systems that are used to verify authorised personnel ...
Entrance Control
Entrance control is the physical system which actually prevents or allows entry into an area when the decision has been fed to it by an Access Control system. ..."
http://www.safetell.co.uk/insights/entrance-control-vs-access-control/
"Martyn’s Law and Access Control – Being Ready for The Terrorism (Protection of Premises) Bill
... The Role of Access Control
More than ever, full-spectrum comprehensive access control is a must. One major consideration is that of lockdown functionality; the ability to prevent access across all or part of a site to secure specific areas is essential. This includes:
– Preventing and delaying the progress through the building of any intruders
– Foolproof anti-passback systems
– Personnel tracking
– The ability to create safe corridors for passage
– Providing secure access for emergency services
– Comprehensive reporting for management needs
– Integration with other surveillance and security systems
Only systems with a dedicated centralised access control system can provide the level of functionality that the bill demands.
Developing JanusC4 for the Future
At Grosvenor Technology, we already offer our JanusC4 system that provides the security needed to meet the requirements of Martyn’s Law, but that doesn’t mean we can sit quietly by. As industry innovators, it’s our mission to continuously look forward and anticipate the demands of tomorrow’s environments.
Development is ongoing to continuously refine and improve our products on both a hardware and software level, with the Terrorism (Protection of Premises) Bill at the centre of the conversation. By understanding both the purpose of the bill and the needs it creates for our end customers, we are working to stay at the forefront of security for our changing world.
Supporting the Introduction of Martyn’s Law
Upgrading to the latest estate-wide door security and access control systems is only one step on the path to true compliance with Martyn’s Law. The bill requires the development of security plans and processes to be put into place, as well as the full training of staff.
At Grosvenor Technology, we understand that it’s not enough to just supply the product and that compliance with the new law requires full, dedicated support; we are ready to provide exactly that to all our customers and welcome the improved safety for all that this bill represents."
https://www.grosvenortechnology.com/insights/martyns-law-and-access-control-being-ready-for-the-terrorism-protection-of-premises-bill/
And another great new article just added to Grosvenor Technology's website: on the UK's forthcoming Protect Duty legislation:-
"Insights
Martyn’s Law and Access Control – Being Ready for The Terrorism (Protection of Premises) Bill
As industry innovators, it’s our mission to continuously look forward and anticipate the demands of tomorrow’s environments.
Paul Smith
Head of Quality & Compliance
As a leading manufacturer of security technology, Grosvenor Technology has always held safety and security in high regard – after all, it’s at the heart of what we provide. So, the pending introduction of a new law designed to enhance the security measures in public spaces is very much welcomed.
Martyn’s Law (properly called The Terrorism (Protection of Premises) Bill) will come into force across the UK and will see a higher demand put on our industry to deliver on the requirements stipulated.
Here, we consider the implications of the bill and what needs to be done to ensure we’re ready to rise to the call.
What is Martyn’s Law with Respect to Building Security?
The core premise of Martyn’s Law is to reduce the impact of any terrorist attack on public venues in the UK. It ensures those premises are prepared and that measures are in place for the safety of all occupants. Any site that holds more than 100 people must have these processes ready to comply with the law once it comes into force.
For building security, this represents a clear need to ensure access control is appropriately tight and well managed. Section 15 of the bill dictates that security measures must be in place to reduce the risk of physical harm to individuals in the premises in the event of an act of terrorism and specifically covers measures in relation to the movement of individuals into, out of, and within the premises.
Access Control and Martyn’s Law
The two greatest areas of focus for providers of building security systems are:
– Maintaining premium quality security
– Providing comprehensive access management
The Quality of Security
Ensuring that security is without compromise should not be in question – it is the very centre of the system’s purpose. A full assessment should be undertaken to confirm the true measure of security, and problems such as card cloning must be addressed, with building managers needing to consider upgrading legacy systems with more robust encryption-driven hardware and software that better represents the first-class capabilities of today’s premium access control. ..."
https://www.grosvenortechnology.com/insights/martyns-law-and-access-control-being-ready-for-the-terrorism-protection-of-premises-bill/
Recent Share Trades for Newmark Security (NWT)
Date Time Trade Prc Volume Buy/Sell Bid Ask Value
06-Dec-23 15:53:48 62.90 7,949 Buy* 55.00 60.00 5,000 O
06-Dec-23 15:41:56 59.25 8,418 Buy* 55.00 60.00 4,988 O
06-Dec-23 08:05:32 59.25 2,102 Buy* 55.00 60.00 1,245 O
So another NWT rise today: up 1.5p (2.61%) on the day, closing at 59p (55p - 63p): which is not only another new two-year closing high, but also a new two-year high period, i.e. exceeding the previous two-year intraday high as well.
And the 62.9p paid for the last buy today is well over the previous high paid this year (60.75p in August).
The last of the sub-60p NWT stock available has now gone, and just a penny rise will see a long-overdue NWT move into the 60s.