Historical data suggest that stocks are generally at seasonal low level Late feb and march, May is generally bullish.
I expect nkp hover around at current level for a couple of weeks. After I went over recent nkp trading activities, I reckon big holders are willing to cap at last gap of 52.5-53c, they are likely accumulating (hope they are not big short term traders).
Due to seasonal effect and lack of announcement, if big holders didn't want to push up, it would face short term down pressure. However, I don't want to work for broker and hold onto it. Eventually, the market will recognise nkp's intrinsic value.
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