Some observations on Volume increase; 1.There has been continued buying throughout Jan since Perpetuals 31 Nov 11 Substantial Notice of 8.22%, but no notices following so assume that it is no longer Perpetual doing the buying, therefore another interested party is participating. 2. 22+million shares crossed after close on Friday with no notice following?
Madas I feel that your observations on Norfolk's geographic and client scale is the key attraction, along with the size and scale of Norfolk's highly skilled work force, which is a highly prized asset in this current high expansion phase, that the resource sector is placing on the company's operating in that market. I noticed in the CEO's commentary that MND's strategy is to double every 5 years. I see that MND have a strengthening interest in the to the Power sector as a good fit for their newly formed "Infrastructure Division" I also see that MND has sales of 1.4 bl and NFK now has sales in excess of 900ml.
NFK Price at posting:
$1.15 Sentiment: None Disclosure: Not Held
