NC6 on an enterprise value basis is worth about 1/300th of BRN so it doesn't require the same quantum of blue sky to do well.
The herd is not guaranteed to turn up of course. Things can and do go pear-shaped, which is why I never put any more money into any one stock that if it were vapourised, I would lose some, but not too much sleep.
But when the herd does turn up, it's easy to underestimate just how far it can take a stock price.
NC6 Price at posting:
9.5¢ Sentiment: Buy Disclosure: Held
