I give NKP a saling analogy. Its like yachts on Sydney harbour around 10.30am on a summer's day ...hardly any wind...going nowhere...sails flapping in the breeze.
As the land begins to heat up the nor'east sea breeze provides a few zephyrs and there sails start to fill.
By 3.00 pm there is a 25 knot nor'easter and the fleet is under full power...even overpowered.
At the moment we are just waiting for those few small zephyrs to come in. Hasn't happened yet and we a bobbing around at the mercy of the tide.
NKP Price at posting:
55.5¢ Sentiment: Buy Disclosure: Held