NKP nkwe platinum limited

5 businees days to go, page-6

  1. 4,692 Posts.
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    D&D are bound to give some serious consideration to a revised valuation when the info is released and I agree that there will be fresh investment channelled into NKP.

    I wonder when other brokers will post reratings after the quarterly as per early advice?

    The stress tests in Europe yielded approx 95% passing. Maybe this will release some of that sidelined money. Xstrata has the cash anyway, but it may provide other interested parties with access to sufficient funds. The longer this takes the more rivals Xstrata presumably will have.

    Is this too simplistic an appreciation or not?

    As for sp movement, the last 3-4 weeks has been very static with volumes traded at around 35-75% of daily averages and movements within a 55cent-59cent range. Would this be regarded as a 'Holding-Pattern', by analysts?

    What says our resident Technical Analysts?
 
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