Very nice couple of weeks it's been for NAN.
Looks like it's completing almost text book cup and handle formation for (T/A ers) which should take the price up to around $1.36/$1.45 IMHO.
So to back up the move I'd expect to hear some more news into Jan? Maybe just moving to larger premises has been sufficient news to lift the SP?
If EOY Sales are good (break even ish) that would be good. If forward sales estimates show high growth, then the SP now is relatively cheap.
I see there are now very few up for sale. People are scouring for stocks that are likely to outperform over the next 2 to 3 years due to growing product sales in relatively flat consumer markets globally locally etc.
NAN currently fits that nicely IMHO.
NAN Price at posting:
$1.27 Sentiment: Hold Disclosure: Held
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