NAM namoi cotton limited
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  1. Hommel
    176 Posts.
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    26/10/07
    06:03
    Post #: 2935420
    I have been holding NAM for 18 months now. I bought it because it seemed very undervalued and I had read a couple of good broker reports. Due to the drought NAM's profit for the 2008 year will suffer it appears. It could now be a long (2 - 3 years) wait for a profit on these shares. I think the only real hope is a take-over offer for NAM. I am holding for now but the money could probably do much better elsewhere. NAM is only about 5% of my portfolio.
    I would appreciate comments from other holders.
    NAM Price at posting: 0.0¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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