i think,,the market, you and i,,are just waiting to see that the big volume trader exits have cleared,,,
ie, no-one forced to sell over each other on an urgent rush for the door on that really temporary T+1 trades,,,rather those that remain,,seem able to afford the time to ask more.
Maybe they that still sell, unpanicked, have offset with other stock sells to cover,,,becasue NDOs story is so good, even they know that holding a little longer, has to be met with a new wave of buyers.
Worth picking that swing if you can,,and i have bought on that sentiment.
Its that turning point,,,and sometimes,,it just needs to ball to start rolling,,,because what will go thru every traders head, is he who hesitates, misses the run.
There are few good stories, de-risked like NDO/KIK on the market atm imo.
What other oiler is this undervalued, with cash cows now milking.
NDO Price at posting:
18.0¢ Sentiment: LT Buy Disclosure: Held
