NAN 1.01% $3.00 nanosonics limited

It is the Consumables Stupid

  1. 23,948 Posts.
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    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.


 
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