You blokes make me laugh (not having a go here ) - surely you have been around long enough to understand the many dynamics of the stock market . We have long and short sellers , people happy with 20% profit and others that demand 100+ .
This stock has consolidated between 20 and 25 cents for 3 months - pure economics determines a fair price and at this point it was deemed to be between these 2 numbers . Everyone had the opportunity to buy (along with NST) at this rate - some choose to and others not . From this consolidation , NST have given you and l (and many other shareholders ) a 40% + lift (plus broken the important 27c ceiling) by their initial interest.
The previous shareholders that sold this lot to NST made their profit line and move on - we now have had our profits improved by a further 2c per share - their interest will move us quickly to our own acceptable individual profit marks .
Personally l am delighted with this opportunity - IMO
EAR Price at posting:
31.0¢ Sentiment: Hold Disclosure: Held
