Hi Brrrattt, looking forward to NOL half yearly report also. Agree no chatter and like your points above.
I'm bullish due to seemingly: NEOS continued growth momentum, Quality of Advice Review (QAR) giving insurers ability to provide advice down the track (big if NOL can capitalise on this properly), and strategic partnership channels hopefully driving higher margin direct insurance sales.
Float is decent also and higher rates still yet to really come through financials but should provide a tailwind.
Shareholder registry interesting, a lot of instos, but I like Samuel Terry on there. Obviously nobody has been winning since the listing so no-one talking about it and I assume some would like to get out.
One of the most illiquid stocks I've seen on the ASX, basically no buy side which makes it a pretty big commit for new buyers.
Valuation seems good - I've read buying a stable life insurance business at 1x book is good practice, but NOL still in growth mode so seems a fair margin of safety.
Anyway, keen to start the conversation on this stock and track progress. Team seems well aligned and rooting for them.
- Forums
- ASX - By Stock
- NOL
- Ann: Notice of HY24 Results and Webcast
Ann: Notice of HY24 Results and Webcast, page-3
-
-
- There are more pages in this discussion • 7 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add NOL (ASX) to my watchlist
|
|||||
Last
$1.47 |
Change
-0.030(2.00%) |
Mkt cap ! $126.9M |
Open | High | Low | Value | Volume |
$1.49 | $1.50 | $1.46 | $42.71K | 28.97K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 5719 | $1.47 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.50 | 30251 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 5719 | 1.470 |
1 | 1697 | 1.460 |
1 | 1000 | 1.450 |
1 | 7700 | 1.440 |
1 | 3500 | 1.430 |
Price($) | Vol. | No. |
---|---|---|
1.500 | 30251 | 2 |
1.505 | 216 | 1 |
1.510 | 2 | 1 |
1.650 | 54181 | 2 |
1.655 | 594 | 1 |
Last trade - 16.10pm 27/08/2024 (20 minute delay) ? |
Featured News
NOL (ASX) Chart |
The Watchlist
SBW
SHEKEL BRAINWEIGH LTD
Dani Nadri, Country Manager Australia
Dani Nadri
Country Manager Australia
SPONSORED BY The Market Online