NST 0.08% $13.00 northern star resources ltd

Well, it seems A BARRAGE OF BEARS have shown up in the NST...

  1. 375 Posts.
    lightbulb Created with Sketch. 298
    Well, it seems A BARRAGE OF BEARS have shown up in the NST forum. Very interesting how this coincides with the timing of NST short volume increasing by 10% in one month. Almost like sophs and funds are trying to steal our shares cheaply, with one last poster suggesting the SP will reach $6 (LOL)

    So I don't see NST holding its share price unfortunately - I see it as probably hitting $20+ by the end of 2021 with continued bullishness from there, and here's why:

    - Gold price showing stability above $1800 US (license to print money for NST)
    - High chance of hyper inflation coming once productivity returns to normal (what happens to gold during inflation and recession?)
    - Merger synergy unlocks value of in $bn and puts NST into ASX top 20 (think the funds sees this and are using this as one last shake to load up)
    - Company is set to continue to ramp up production, and with gold price trending continually upward (decades) this is SAFER than houses - the implication of this? Well, why would anyone sell?
    - HY reports and significant profit increases for both NST and SAR saw huge increase in buying in NST. The two mornings following the latest HY report, NST opened up +4-5% each day, but is purposefully being sold down by big players by closing in order to suffocate the SP


    This is all IMO. You should DYOR. I'm just a muppet on the Internet.

    Would love to see a WSB short squeeze here - I despise the concept of shorting.

    GLTAH.

 
watchlist Created with Sketch. Add NST (ASX) to my watchlist
(20min delay)
Last
$13.00
Change
-0.010(0.08%)
Mkt cap ! $14.94B
Open High Low Value Volume
$13.06 $13.07 $12.97 $72.66M 5.575M

Buyers (Bids)

No. Vol. Price($)
7 262060 $13.00
 

Sellers (Offers)

Price($) Vol. No.
$13.01 3144 1
View Market Depth
Last trade - 16.10pm 28/06/2024 (20 minute delay) ?
NST (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.