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SMART MONEY MOVING IN, page-3

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witchy57

257 Posts.

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14/02/22

17:38

Post #: 59562819
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Originally posted by WestTrader057: ↑

Is the smart money moving in?

There has been no news released since the last quarterly, but both the turnover and the share price have shown a steady improvement.

What can be the reason?

I believe we are going through an accumulation stage before the next quarterly issues. For those who are prepared to invest now without any new news suggests to be that they are know more about the stock prospects than the average punter.

The company recently released a new version of their software at the end of December and it must be fair to assume that there were a number of prospective clients who held up their subscription until the new version was released. If so the next quarters results could be well above average.

I think the smart money is on to this and expect the accumulation to continue. Not at a fast rate , but just steady accumulation.

Happy to watch.

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Really glad I took a leap and got rid of my 88E shares and got more NET shares at 014c. Loving the green finishes, long may they continue.

It seems the new version released in December is being very well received by those in the know. slow steady climb is fine by me

NET Price at posting: 2.1¢ Sentiment: Buy Disclosure: Held
4 Upvote

0 Great analysis

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