I found this stock two days ago with no action and was surprised it was up by 9% today on such a bad day. When is their quarterly due? If I am not wrong its a sole cotton stock on Asx. Am I right? The graph looks very nice... What are your view guys on the industry? It's got a bulish sentiment I reaf everywhere...
Any rumors you would be aware of regarding Southern Cotton? Guys linked to SC took over Timpetra (TPR). Lots of speculation in that regard and possible backdoor listing...
I am definitely interested in Nam. Good industry now and Morgans are going to do a good job there. Will not be surprised if they start some coverage on Nam soon...
NAM Price at posting:
36.0¢ Sentiment: Buy Disclosure: Not Held