Cashmeifyoucan,
Tend to agree with you: re-rating happening and more to come.
I am struggling to keep a lid on this but think 90c is not out of question in the short term, irrespective of POG, although it would help a great deal.
NST has gone up about 9c in two days on good volume while the market is in the Xmas lull.
IMO, when brokers and instos get back from their holidays, NST will attract further buying interest.
The Plutonic acquisition has caught many on the hop: my partner rang our broker yesterday and he didn't know anything about it (he was on holidays).
So, when everyone wakes up to this acquisition with the amazing price tag of 25M, expect more upside.
ann acquires plutonic mine form barrick, page-21
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Last
$14.30 |
Change
-0.220(1.52%) |
Mkt cap ! $16.43B | |||
| Open | High | Low | Value | Volume |
| $14.09 | $14.33 | $14.00 | $67.29M | 4.739M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 4594 | $14.29 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $14.31 | 38039 | 7 |
View Market Depth
| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| NST (ASX) Chart |