NAM
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0.00% 77.3¢ namoi cotton limited

accumulation by stealth

  1. dct
    2,764 Posts.
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    30/09/03
    10:31
    Post #: 259201
    There is consistent accumulation happening in this stock that looks suspiciously like a major played getting set at prices well below the NTA of 82c

    Could be FCL or QCH taking a stake, both would have reasons to do this. Take a look at the chart and volume for the past 4 or 5 months.
    NAM Price at posting: 0.0¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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77.3¢ 		Change
0.000(0.00%) 		Mkt cap ! $146.8M
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0.0¢ 0.0¢ 0.0¢ $0 0
NAM (ASX) Chart
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