As much as it pains me to admit it, I think the $6 call on NST is pretty accurate. I think we'll only see $7-$8, but there is definitely more downside to come.
The thing with inflation is that it takes time to flow through the system, because everything is backdated we are still 3-4 months away from things picking up and I see no real catalyst for SP appreciation until then, especially if the AUD rallies again having recently came off.
As much as it pains me to admit it, I think the $6 call on NST...
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Last
$14.16 |
Change
0.320(2.31%) |
Mkt cap ! $16.23B | |||
| Open | High | Low | Value | Volume |
| $14.09 | $14.19 | $14.01 | $14.59M | 1.032M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 10 | 1529 | $14.15 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $14.16 | 10022 | 43 |
View Market Depth
| Last trade - 11.28am 29/07/2024 (20 minute delay) ? |
| NST (ASX) Chart |