I have been away all week. I was surprised that NAN reported last Monday. I had to quickly readjust my holding strategy. I sold down at $3.52 on Friday expecting Revenue to be down. I expected this to get the headlines. The SP to fall. And then buy back in. The SP only fell for a shortwhile and then rose considerably. I was in the air during this time. So I have not bought back in yet. My biggest fear was that NAN would announce ahead of time a new infection product and the SP would fly high.
But the story of the report for me is....Consumables. I would almost give Trophon 2 away
I was in ACX when they were changing from fixed up front fees to recurring streams. The shorters belted ACX on revenue declines. I loaded up the truck. The shorters seem to be less interested in NAN . I was hoping otherwise. I will wait.
It is the Consumables Stupid
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Last
$3.00 |
Change
0.020(0.67%) |
Mkt cap ! $908.9M | |||
| Open | High | Low | Value | Volume |
| $3.00 | $3.00 | $2.90 | $9.584M | 3.215M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 123291 | $2.99 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.00 | 23759 | 3 |
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| Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
| NAN (ASX) Chart |