NAM 0.00% 77.3¢ namoi cotton limited

I have held this stock for about 18 months. I bought it because...

  1. 176 Posts.
    I have held this stock for about 18 months. I bought it because it was fundamentally under valued and "unsexy" - out of the spotlight. I don't intend to sell but am not buying more at present either. I think a revovery will be some time off too. It trades on a PE of about 4 and 11% yield.
    It's a very small part of my portfolio that I am happy just to hold and watch.
 
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