NOU 3.33% 15.5¢ noumi limited

Lumpy SP aga$n

  1. 621 Posts.
    lightbulb Created with Sketch. 29
    Back to the fairly volatile FNP we know and (sorta) love.

    I guess the market is not sure whether the stock is worth a breakout above $6 again. Growth prospects haven't stopped looking fantastic for the LT but even a firm believer like me would have to admit that the P/E as it stands looks high. Hopefully it looks a lot better when the full-year results come in (not long to go now!) and the trading updates are confirmed. But till then, there will be some profit-taking by the less certain and more risk-averse among us.

    Latest eurozone psychodramas don't help!
 
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