this stock is way oversold. NTA 1.74, trading at 1.44. Holders panicking that global credit will fall further, having been weak of late as all credit markets have, however has turned this week. The chart below shows US high yield (chart code SPUSHYS) and NBI, both in USD (in AUD NBI has performed even worse) NBI now cheap, especially with US HY rebounding. A good 20c in this trade.
- Forums
- ASX - By Stock
- NBI
- Ann: Daily NTA for 25.05.2022
Ann: Daily NTA for 25.05.2022, page-2
-
- There are more pages in this discussion • 2 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add NBI (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
AHK
ARK MINES LIMITED
Ben Emery, Executive Director
Ben Emery
Executive Director
SPONSORED BY The Market Online