NAL $2.14 and being held there: as soon as the price drops a few cents, the buyers are back in. If that price really went out of its starting blocks, it could easily shoot past $ 2.40 without news, I believe.
We don't want that just now; instead we want some sideways trading for a week-see post 1.
Obviously, should that agreement come this week and it is a good one, then one can forget about the Chart.
This, followed by the 2 listings should produce a price of $x. And that $x ought to be a lot higher than what one sees now.-See post 1.
Nal is also a diversified company: http://www.hotcopper.com.au/post_thread.asp?fid=1&tid=54603#137077
I can't see any competition just now.
++++++++++++++++++++++++++++++ VCR: $2.33 I am very familiar with NAL and VCR, shares of the latter were sold after I had them for 3.5 years. There is a study on VCR: http://www.hotcopper.com.au/post_thread.asp?fid=1&tid=50511#140933
I always kept up information posts on VCR during that time.
Unlike NAL, I can't see two listings (London and Nasdaq) coming up. Unlike NAL, there is competition. As far as trials is concerned, NAL is much further ahead and is ready to strike a commercial agreement.
VCR has the Ventrassist and is looking into other possibilities. NAL already has made these possibilities into reality: See the given NAL's site above.
I would think that NAL's sphere of influence is much greater than that of VCR.
I hold NAL but you can chose whatever you want if that is what you want. I don't like too many buyers of NAL coming forward just now as I want to see the price to sidetrack for a while till it is ready to resume its strong upward trend or till there is news.
NAL's AGM is on 27 Nov.
Gerry Please do your own research and you decide if and when to buy, hold or sell any stocks.
NAL Price at posting:
0.0¢ Sentiment: None Disclosure: Held