I am looking to buy more at or below $1.20/$1.23 as that was a previous support level. Below that, there should be resistance at $1.05 & I would stop loss below 80s. It is still not a stock the whole ASX market r convinced on, hence the lack of conviction buying since it hit $1.45.
Disinfection & sterilisation has a global outlook & NAN has good distribution agreements with GE & Miele as disinfection & sterilisation affects Australia differently to other countries. Medical research is different in Australia as is its longstanding issues with use of radioactive isotopes (possibly due to Australia's anti-nuclear stance) compared with other countries. Companies such as SRX who use radioactive isotopes to target liver tumours often get by with plants & operations & obviously distribution (on its own or with others) outside Australia.
Support Levels, page-2
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Last
$2.83 |
Change
0.030(1.07%) |
Mkt cap ! $857.4M | |||
| Open | High | Low | Value | Volume |
| $2.87 | $2.87 | $2.82 | $3.640M | 1.284M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 21844 | $2.81 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.85 | 3896 | 1 |
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| Last trade - 16.10pm 16/08/2024 (20 minute delay) ? |
| NAN (ASX) Chart |