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
$17.61 |
Change
-0.290(1.62%) |
Mkt cap ! $18.16B | |||
| Open | High | Low | Value | Volume |
| $18.00 | $18.14 | $17.40 | $158.2M | 8.956M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 6356 | $17.58 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $17.62 | 55910 | 4 |
View Market Depth
| Last trade - 16.10pm 25/11/2024 (20 minute delay) ? |
| NST (ASX) Chart |
