NOV 5.26% 3.6¢ novatti group limited

Just a theory but the 'post RADI news' SP low was 25.0c at which...

  1. 668 Posts.
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    Just a theory but the 'post RADI news' SP low was 25.0c at which point any buyers 'on the news' are virtually down at today's price (unless they sold earlier) or at best 'at or very near break even'

    the short term traders may have now come and gone anyone selling below 25 either taking a loss or is a longer holder although arguably they could also be taking a loss anyway. Save for any parcels bought in lead up to RADI.

    if we can consolidate in time at 25c level at least would set us up for next move , whenever that is.

    from what Peter said at the Q1 results webinar I'm expecting a bit more of the same for next quarter (Q2) but IMO Q3 and q4 results announcement could be catalyst for next move higher

    my average is a few cents lower than current so if it gets down there again happy to load up 'post radi' and add to my holding

 
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No. Vol. Price($)
1 14697 3.6¢
 

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Price($) Vol. No.
3.8¢ 128228 4
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