NBS 0.00% 9.9¢ nationwide building society.

richee,i have a holding in nbs.while i understand alot of ppe...

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  1. 628 Posts.
    richee,

    i have a holding in nbs.

    while i understand alot of ppe come on and burn the stock, i am holding still with the expectation that the company can sign a major contract and get the sp back into the teens.

    with the recent capital raising, peter dykes has put in a substantial amount of money (off the top of my head it was half a million).

    this gives me confidence that the company may be able to turn a corner and start signing some deals.

    the only thing i dont like is how the share price is moving, as i often watch daily on comsec and it seems that people with big holdings are manipulating the price IMO.

    20500 would be good to know your thoughts. you come on from time to time and post irrelevant info but where do you think the share price is heading in the short term? (3-6months)

    Thanks
 
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