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
$2.87 |
Change
-0.100(3.37%) |
Mkt cap ! $869.5M | |||
| Open | High | Low | Value | Volume |
| $2.90 | $2.93 | $2.87 | $1.650M | 571.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 24770 | $2.86 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.88 | 2390 | 1 |
View Market Depth
| Last trade - 16.10pm 24/05/2024 (20 minute delay) ? |
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Last
$2.88 |
Change
-0.100 ( 3.25 %) |
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| Open | High | Low | Volume | ||
| $2.93 | $2.93 | $2.87 | 171198 | ||
| Last updated 15.59pm 24/05/2024 ? | |||||
| NAN (ASX) Chart |