NAG 5.26% 1.8¢ nagambie resources limited

Why aren't NAGs SHs Selling, page-8

  1. 29,491 Posts.
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    IMO, there's three camps of NAG holders.
    1st is the OG, holding for donkeys years averages <4c
    2nd is the boomers, holding ~1yr or so averages range from 6-12c
    3rd is the johnny come lately, bought around the peak when PASS approval was granted average 18-24c.

    1st group, might be sellers, though the OG are after divvies and have been holding this long so what is a few more months/years, their stocks are in the bottom draw forgotten about.

    2nd, might get impatient and sell for a profit if they can, though would have FOMO on the mind as SP returns to peak on announcements

    3rd, might be in loss recovery frame of mind and hold and wait for SP recovery...
 
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