Possibly, but NAE has traded in a pretty tight range since late July (10 - 12.5c) and is trending slowly upward since the June 20 low. Very little supply under 12c, hence low volume = accumulation phase in my opinion. I've been happy to hold through all the broader volatility of late, I reckon she'll still hold up well if the macro picture deteriorates. This is good value and should run well when the speculative dollar returns to the market and a successful Q1 drill will add momentum.
strategic investment 2012, page-12
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Last
0.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $10.71M | |||
| Open | High | Low | Value | Volume |
| 0.5¢ | 0.5¢ | 0.5¢ | $646 | 129.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 29 | 13636597 | 0.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.6¢ | 10139128 | 8 |
View Market Depth
| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| NAE (ASX) Chart |