I have been away all week. I was surprised that NAN reported last Monday. I had to quickly readjust my holding strategy. I sold down at $3.52 on Friday expecting Revenue to be down. I expected this to get the headlines. The SP to fall. And then buy back in. The SP only fell for a shortwhile and then rose considerably. I was in the air during this time. So I have not bought back in yet. My biggest fear was that NAN would announce ahead of time a new infection product and the SP would fly high.
But the story of the report for me is....Consumables. I would almost give Trophon 2 away
I was in ACX when they were changing from fixed up front fees to recurring streams. The shorters belted ACX on revenue declines. I loaded up the truck. The shorters seem to be less interested in NAN . I was hoping otherwise. I will wait.
It is the Consumables Stupid
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Last
$3.60 |
Change
0.010(0.28%) |
Mkt cap ! $1.090B | |||
| Open | High | Low | Value | Volume |
| $3.60 | $3.75 | $3.49 | $46.89M | 13.02M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 176970 | $3.60 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.67 | 5870 | 1 |
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| Last trade - 16.10pm 20/09/2024 (20 minute delay) ? |
| NAN (ASX) Chart |