My wife said to me a while ago, buy NAB, at the time a particuar incident with losses occuring from the options desk had seen the price fall. The fundamentals were strong, so it was an opportunity. The SP rose quickly once the dust settled.The only thing that has caused this sell off is that many shares have been dumped, and people are unsure of why. If an announcement similar to MHL just something to ease people's minds as to why, then the sp would most probably rise. Yes there is risk here, but 2 words Chinese /iron. At present price risk is substantially reduced, but personally unfortunately I have no extra capital right now. Market is all about timing
talbot, page-14
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Last
15.5¢ |
Change
-0.005(3.13%) |
Mkt cap ! $318.5M | |||
| Open | High | Low | Value | Volume |
| 16.0¢ | 16.5¢ | 15.5¢ | $451.5K | 2.829M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 30 | 1428509 | 15.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 16.0¢ | 290238 | 27 |
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| Last trade - 15.40pm 18/09/2024 (20 minute delay) ? |
| JMS (ASX) Chart |