Can't see NST holding its share price, page-23

@Max5 I can't offer much in the way of forecasts - any more than I can pick the winner in the 5th at Randwick. If I could I'd be living the lotto life. I have a view that sees a company's historical strength being the indicator for future direction. Many on this thread advocate the NST forward looking outcomes. I don't see see the blue sky future as clearly as they do as it is tied to volatile POG and AUD numbers, coupled with the variables of weather, seismic activity and drill results, to name a few. On the present earnings data NST is simply overvalued. As I said earlier ,"Time will answer the question for all of us." But with NST a few days back at $15 and today closing at $12.99 it is not all smooth sailing. The market of March 2020 has lost the punters.