I have noted before on this forum that NST has a predictable pattern of reacting 24 to 48 hours late to news.
I think that this is because there is a weight of overseas money that pushes it.
I cannot count the number of times that I have seen an announcement fall flat, only to see the price pop a day or so later. It works in both directions.
Back est it if you like, the correlation is very strong.
Markets are not efficient, but hey, what a trading gift. It is like having all news a day ahead of the market.
Ann: NST hits 600,000ozpa, page-9
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Last
$17.51 |
Change
0.140(0.81%) |
Mkt cap ! $18.16B | |||
| Open | High | Low | Value | Volume |
| $17.48 | $17.55 | $17.28 | $26.79M | 1.534M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2751 | $17.50 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $17.52 | 36039 | 6 |
View Market Depth
| Last trade - 16.10pm 29/11/2024 (20 minute delay) ? |
| NST (ASX) Chart |
