At a guess, BOM confirming La Nina, upgraded from Watch is the catalyst. Overlay the last event with NUF share price and you will see what I mean.
That plus EOY is this month with early indicators indicating - specifically 1st half results - it will be a good year supported with ongoing La Nina into next, as noted above.
All in all it would appear the markets have finally picked up on the good seasons and I suspect this will support NUF for a healthy rally yet to come.
At a guess, BOM confirming La Nina, upgraded from Watch is the...
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Last
$5.21 |
Change
0.020(0.39%) |
Mkt cap ! $1.973B | |||
| Open | High | Low | Value | Volume |
| $5.23 | $5.23 | $5.15 | $2.217M | 426.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 248 | $5.21 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $5.22 | 25468 | 42 |
View Market Depth
| Last trade - 13.10pm 07/05/2024 (20 minute delay) ? |
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Last
$5.21 |
Change
0.020 ( 0.17 %) |
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| Open | High | Low | Volume | ||
| $5.20 | $5.22 | $5.15 | 95092 | ||
| Last updated 13.30pm 07/05/2024 ? | |||||
| NUF (ASX) Chart |