NAGsters,
An extract from PI's link http://marionbusinessdaily.com/stoc...-for-nagambie-resources-limited-asxnag/32340/
"Active investors are typically making every effort to maximize profit. Some investors may be applying price index ratios to help sort out trading ideas. Currently, Nagambie Resources Limited (ASX:NAG)’s 6 month price index is 0.56757. The six month price index is calculated by dividing the current share price by the share price six months ago. A ratio greater than one indicates an increase in share price over the period. A ratio under one shows that there has been a price decrease over the time period."
WOW. This is some serious analysis. >1 the share price has risen and <1 the share price has fallen. I hope the analysts aren't charging for this high level of number crunching. (I'm a retired Maths teacher)
I got some good news from the article too. Thanks PI.
Cheers
Nanu
The writing on the wall (and in the news)., page-7
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Last
1.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $9.559M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 130000 | 1.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.2¢ | 2079417 | 4 |
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