There has been plenty of announcements by NIP but none of them have had much impact on the share price. There doesn't seem to be to much interest in NIP at the moment and I'm guessing that outside of existing holders the announcements aren't really getting noticed. Those that already hold and can top up via the SPP and therefore demand is reduced on the ASX.
Hopefully management can get out and about soon and create some renewed interest in NIP from outside those that already believe in the project. The research note that was released is a good first step. They have some good prospects that need promoting.
NIP Price at posting:
22.0¢ Sentiment: Buy Disclosure: Held
