"Not so sure, there's 70% chance it will look like this....."
Skol thinks there is a 70% chance that NST will go down when it gets to the pointy end of the price triangle.
Not according to this chart.
Rather, there is a 70% chance that NST will go up in July.
The average rise through July in the last 10 years has been 9.0%.
In what month would you rather own NST?
The A$ GOLD etf only increases an average 1.5% in July, so NST's July seasonality occurs in spite of a fairly flat gold price in July.
( The big months for the GOLD etf are January (3.0%) and August (2.8%) )
I also note that, barring accidents today or tomorrow, NST have not announced any material events that would invalidate the FY21 guidance that NST have confirmed as late as 4 May.
"On track to achieve FY21 production guidance;
1.5-1.7Moz at AISC A$1,390-A$1,520/oz"
If they hit the middle of that guidance, that ought to be good for a 9% rise in the SP.
Cheers
- Forums
- ASX - By Stock
- NST
- Best looking weekly chart
Best looking weekly chart, page-506
- There are more pages in this discussion • 1,602 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 NST (ASX) to my watchlist
(20min delay)
|
|||||
Last
$14.84 |
Change
-0.090(0.60%) |
Mkt cap ! $17.16B |
Open | High | Low | Value | Volume |
$14.76 | $14.86 | $14.76 | $2.561M | 173.1K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
7 | 870 | $14.83 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$14.85 | 1872 | 13 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
11 | 1399 | 14.840 |
8 | 2338 | 14.830 |
4 | 1430 | 14.820 |
5 | 2136 | 14.810 |
8 | 3491 | 14.800 |
Price($) | Vol. | No. |
---|---|---|
14.860 | 652 | 9 |
14.870 | 3270 | 10 |
14.880 | 2115 | 6 |
14.890 | 2726 | 5 |
14.900 | 2117 | 5 |
Last trade - 10.14am 22/05/2024 (20 minute delay) ? |
|
|||||
Last
$14.82 |
  |
Change
-0.090 ( 0.73 %) |
|||
Open | High | Low | Volume | ||
$14.81 | $14.87 | $14.78 | 25581 | ||
Last updated 10.35am 22/05/2024 ? |
Featured News
NST (ASX) Chart |
The Watchlist
ATC
ALTECH BATTERIES LTD
Martin Stein, CFO
Martin Stein
CFO
Previous Video
Next Video
SPONSORED BY The Market Online