NST 1.62% $17.61 northern star resources ltd

Ann: Proposed Sale of Western Tanami Project, page-40

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  1. 11,185 Posts.
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    It's not really falling. It's seen a dominantly rising trend since it was priced a 4cents. The latest high that it made bucked the trend going against falls in most other gold producers. Frankly I don't trust the short term machine driven trading to give a continuously accurate picture of the accretive value of a gold mining business. The long term chart tells that story. I still think NST can be solidly trading above $6 as long as everything continues to come together.

    NST is like an extremely talented circus performer. You could go to see a dozen of their shows and never see them drop a ball but eventually statistics dictates that one will fall. The other problem is that audiences are always expecting more, so to keep them buying tickets the performance needs to get more exciting which means adding more balls to the juggling act or doing it while balancing on a unicycle. As the performance gets more difficult the chance of a ball falling increases. That's a little how I see the company at the moment. Esh
 
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Last
$17.61
Change
-0.290(1.62%)
Mkt cap ! $18.16B
Open High Low Value Volume
$18.00 $18.14 $17.40 $158.2M 8.956M

Buyers (Bids)

No. Vol. Price($)
1 6356 $17.58
 

Sellers (Offers)

Price($) Vol. No.
$17.62 55910 4
View Market Depth
Last trade - 16.10pm 25/11/2024 (20 minute delay) ?
NST (ASX) Chart
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