Gself.. You can call this buy the rumour n sell the fact. You buy before anticipation of the result and the moment the news comes out, what you get is this. If the news is going to be bad, according to rumour then by the time report is out, the share price will rally. This happened in Qantas. The opposite happens like our poor nst. Not a bad result but a big sell off probably driven by macro n geopolitical fear of the US dollar dominance. But the company is good and will survive. It is almost a natural hedge to the Stock market and any drop in the value of the UD dollar. Amazing how the supremacy of the global financial system really depends on the back of US dollar as the world currency.
there could be a test of the bottom at $1200 (approx). If this hold, which I believe it will,we would get a nice rally from here. I am happy that NST does give dividend and had great growth plan!
good night
superox
Gself.. You can call this buy the rumour n sell the fact. You...
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Last
$16.05 |
Change
0.210(1.33%) |
Mkt cap ! $18.45B | |||
| Open | High | Low | Value | Volume |
| $15.83 | $16.15 | $15.77 | $67.54M | 4.207M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 22969 | $16.03 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $16.06 | 10955 | 2 |
View Market Depth
| Last trade - 16.10pm 08/10/2024 (20 minute delay) ? |
| NST (ASX) Chart |