NAN 3.03% $3.52 nanosonics limited

Nan's share price falling, page-18

  1. 74 Posts.
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    I've been a holder of NAN since mid 2013 when I saw the potential to buy in at 45 cents. The difference between then and now is that then I was buying the potential story and now we are living the reality. The risk premium as a holder has reduced significantly due to proof of acceptance of the product in the market place and the strong and growing positive cash flow so it warrants a much higher price for a much lower risk. It still is a growth stock so the high pe can easily come down in the future with growth in profits. What I also like about NAN now is the unknown potential for some exciting new products which could be announced. Imo NAN is a company to lock away and forget and at the present corrected price must rate a buy in a long term portfolio. Re trading in the short term its anyones best guess.
 
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