I have been holding NAM for 18 months now. I bought it because it seemed very undervalued and I had read a couple of good broker reports. Due to the drought NAM's profit for the 2008 year will suffer it appears. It could now be a long (2 - 3 years) wait for a profit on these shares. I think the only real hope is a take-over offer for NAM. I am holding for now but the money could probably do much better elsewhere. NAM is only about 5% of my portfolio.
I would appreciate comments from other holders.
competitors, page-4
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Last
77.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $146.8M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
| NAM (ASX) Chart |
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