US economy had some incredible gains over night, gains it had not seen in a very long time. The asx will follow and see some massive gains in today's trade. These gains will no doubt be passed on to nec including all stocks across the board. With nec reporting great gains in Stan and 9now subscription, with expected performance and audience enhancement, we should see share price slowly move towards the $1.20 mark. At these prices I would say after the previous announcement, the share price is at fair value. Nec still has some hurdles to over come but is doing much better than before and has taken a reasonable direction for re building the company.
Futile to guess the market, page-8
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 (20min delay)
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Last
$1.10 |
Change
-0.035(3.10%) |
Mkt cap ! $1.958B | |||
| Open | High | Low | Value | Volume |
| $1.14 | $1.14 | $1.09 | $4.013M | 3.612M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 22344 | $1.10 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.10 | 28916 | 3 |
View Market Depth
| Last trade - 16.10pm 06/11/2024 (20 minute delay) ? |
| NEC (ASX) Chart |
