Well you must be loving it at the moment. Your portfolio mustve...

First 56 Last

Share
Profile

Follow
Esquatcho

1,417 Posts.

144

14/01/21

11:48

Post #: 50162699
Share

Originally posted by DoriansMirror: ↑

Thanks. I'm a bit of an introvert and get bored easily. HC has been a good outlet. One of the things i subscribe to in investing is that you should only invest in companies that you can truly understand. It's possible for a lay person to wrap their head around what NC6 is offering.

I took a small stake in NC6 around 12 cents and averaged down until 2.5 cents when I more than doubled my holding. It was a big risk as NC6 is now about 30% of my portfolio.

I am seeing it as increasingly less risky. The Grasim agreement was a big de-risker, but there was still a lot of risk. Today's announcement truly means we are in bed with the world's biggest rayon maker. They have validated and improved the product. I will still feel a bit uncertain until someone has used our product and has a product made by our fibre in stores. I imagine that to be somewhere towards the beginning of 2022.

It's good that someone with a bit of knowledge of the industry appreciates the company. I suspect you've got at least three months before the pilot run is finished and probably a bit longer before the first supply agreement. Don't wait too long to get back in though, or you will miss out on a bit of a jump

Expand

Well you must be loving it at the moment. Your portfolio mustve gone gangbusters over the past 2 days!

NC6 Price at posting: 10.5¢ Sentiment: Buy Disclosure: Held
2 Upvote

0 Great analysis

Reply

Top Stories

Pilot Energy awarded $6.5M in govt funding for Mid West Clean Energy Project

ARU

Arafura updates on total US$1B funding as export banks and lenders take notice; heading toward FID for Nolans

ITM

iTech Minerals flags high-grade rockchip finds, boasting one sample at +18% copper. What lies underground remains to be seen

M4M

Macro Metals picks up 80% in Firebird's manganese plays; mining services operations to launch if decision to mine passed

DTM

Dart on-target for high-grade structures and multiple reefs at VIC's Rushworth

There are more pages in this discussion • 76 more messages in this thread...

First 56 Last

Add NC6 (ASX) to my watchlist

(20min delay)
Last 2.2¢		Change 0.000(0.00%)		Mkt cap ! $3.784M

Open	High	Low	Value	Volume
0.0¢	0.0¢	0.0¢	$0	0

Buyers (Bids)

No.	Vol.	Price($)
2	59999	2.0¢

Sellers (Offers)

Price($)	Vol.	No.
2.4¢	100000	1

View Market Depth

No.	Vol.	Price($)
2	59999	0.020
2	108166	0.018
1	35780	0.014
1	83416	0.012
1	100099	0.010

Price($)	Vol.	No.
0.024	100000	1
0.026	868572	2
0.027	300000	1
0.029	19998	1
0.031	13000	1

Last trade - 16.12pm 23/07/2024 (20 minute delay)

NC6 (ASX) Chart

Day chart unavailable

Well you must be loving it at the moment. Your portfolio mustve...

Pilot Energy awarded $6.5M in govt funding for Mid West Clean Energy Project

Arafura updates on total US$1B funding as export banks and lenders take notice; heading toward FID for Nolans

iTech Minerals flags high-grade rockchip finds, boasting one sample at +18% copper. What lies underground remains to be seen

Macro Metals picks up 80% in Firebird's manganese plays; mining services operations to launch if decision to mine passed

Dart on-target for high-grade structures and multiple reefs at VIC's Rushworth

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

Well you must be loving it at the moment. Your portfolio mustve...

Top Stories

Pilot Energy awarded $6.5M in govt funding for Mid West Clean Energy Project

Arafura updates on total US$1B funding as export banks and lenders take notice; heading toward FID for Nolans

iTech Minerals flags high-grade rockchip finds, boasting one sample at +18% copper. What lies underground remains to be seen

Macro Metals picks up 80% in Firebird's manganese plays; mining services operations to launch if decision to mine passed

Dart on-target for high-grade structures and multiple reefs at VIC's Rushworth

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News