I like this change. A very strategic and almost inevitable move for NAN.
Selling directly to their customers means better margins, more cross-selling / upgrade-selling opportunities, better services and more importantly better control of their revenue and cash flow streams.
I've always liked NAN as a business, but what concerned me in the past few years was the lumpiness and unpredictability of their revenue due to the stocking issues with GE. And hence, this announcement came as a very good news for me.
I like this change. A very strategic and almost inevitable move...
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Last
$3.06 |
Change
0.050(1.66%) |
Mkt cap ! $927.1M | |||
| Open | High | Low | Value | Volume |
| $3.07 | $3.08 | $3.03 | $1.789M | 585.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 11867 | $3.03 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.06 | 2017 | 2 |
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| Last trade - 16.10pm 11/07/2024 (20 minute delay) ? |
| NAN (ASX) Chart |