NTI 0.00% 7.6¢ neurotech international limited

An attempt at a valuation...., page-25

  1. 61 Posts.
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    Wow, having seen the price action last night, I thought I'd go in to buy 50k this morning with a 35c top and be very lucky to get them... maybe even take a couple of days and have to take my limit up to get filled.
    Nope... filled on the open at 34.5! I wouldn't normally even mention my personal orders on a forum, but this tells me there is either a market maker sitting on stock and unwinding risk here, or a proper seller. In my experience, it would be senseless to hit a bid of decent size on the open below where it was bid, unless I had size to unload.
    So that's me all in guys. Very happy with the fundamentals, but I won't lie... the price action is causing a raised eyebrow each morning when I turn the phone on (I'm in UK, so don't see the price until you guys close).
    Normally I'd be starting to sweat even though I'm in this for the long term... must be the Christmas spirit that is keeping me very relaxed about prospects! I feel like I've got a bargain here at 34.5c... but there's always the nagging feeling does someone know something I don't! But I am referring back to my model at the start of this thread which is about as cautious as you could possibly be about this company, the only thing that could happen outside this would be a collapse of the Italian company. Would be nice to hear what they are doing with the 30 units though... hoping to hear in early January they were pre-sold or going Like hot-cakes. Has anyone checked if they have a website or what sales techniques they are using?
    Happiest of New Years to all you Aussies.
 
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