NAN 2.94% $3.15 nanosonics limited

Indeed Glotch. The free money session seems to be all but over....

  1. 352 Posts.
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    Indeed Glotch. The free money session seems to be all but over. My guess is that with the announcement of the distribution agreements about to come out, Wilson are sitting tight and will offload remaining shares post a positive announcement. However I will be surprised if the rise in the SP is as quick as you think it will be. Whilst there may not be any sellers, there still appears to be a shortage of buyers who are willing to fork out the dough at a higher SP. In this climate, NAN might not get the attention it deserves until there is more progress. But patience is the KEY.

    Quick question, in your post on the quarterly you said that NAN have cash reserves of approx 24 cents / share and Wilson wrote in their report it was approx 12.8 cents / share. Where is the discrepancy coming from?

    Cheers mate :)
 
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