It would depend where gold price will head to. Just because I am now bullish does not mean the market agree with me. When I refer premium, I am measuring it against the chart, resource upgrade doesn't make valuation increase if the gold price heads down. NST has treated me well each time I get exposure since 2014, I hope this time isn't an exception but one never know.
If you look at the gold price direction since 2013, Sept month is usually bearish then from about Nov-Dec, it picks up. Not sure if this is seasonal like Santa rallies in equities market.
Towards the end of July was the good entry when everyone was selling including myself back then only because I had a good cap gain to protect against what I saw from the gold chart technicals. This time, timing isn't great so I will live with it. Maybe by tomorrow morning when I wake up NK fires off some more missiles.
Fundamentals haven't changed, page-470
-
- There are more pages in this discussion • 238 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add NST (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$16.23 |
Change
-1.285(7.34%) |
Mkt cap ! $18.16B | |||
| Open | High | Low | Value | Volume |
| $16.86 | $17.00 | $16.11 | $60.56M | 3.665M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 988 | $16.22 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $16.23 | 330 | 7 |
View Market Depth
| Last trade - 13.40pm 02/12/2024 (20 minute delay) ? |
| NST (ASX) Chart |
