NAN 3.79% $3.55 nanosonics limited

recent share price movements, page-7

  1. 668 Posts.
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    I am very bullish on NAN long term, however I don't think you should be surprised about the SP coming back into the 1.70's. IMO it should never have reached $2, and it may have simply been the insto's who bought into the recent CR driving the price up to make a quick profit. Or it may have just been because NAN is a quality health stock, and every large cap health stock is trading on huge multiples, and so it flowed onto NAN. However, I do believe the next quarterly wont look nearly as flash as the ones we've gotten used to previously, so if this does eventuate, don't be surprised to see the SP back towards the CR price imo. However we may be pleasantly surprised i suppose. 2016 is going to be the next big year for NAN - Sales to Japanese market, Next Gen Trophon, News of other products within the platform technology, and a strong direct sales force gaining deeper penetration into the US market.
 
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