Thanks for your feedback Acaca15.
I agree this stock is similar to any startup -spending money to build a business faster than income.
However, startups (like exploration, drug, etc) co's can still be valued (and valuations are typically forward looking, i.e. earnings, PE, etc in next 1 - 3 years).
NAN is transitioning from exploration to production phase and with bluechips like GE and others endorsing their product, i expect that this provides added credence and reduces risk.
the last few announcements seem to put it on track for greater things - plus, looking at their market, competitors, etc - this seems like a low risk/ high reward play to me.
Thanks for your feedback - rgds
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Last
$3.20 |
Change
0.030(0.95%) |
Mkt cap ! $970.7M |
Open | High | Low | Value | Volume |
$3.21 | $3.23 | $3.12 | $762.9K | 239.5K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 466 | $3.19 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$3.20 | 1 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 466 | 3.190 |
1 | 2038 | 3.170 |
1 | 2038 | 3.160 |
1 | 320 | 3.120 |
1 | 1500 | 3.110 |
Price($) | Vol. | No. |
---|---|---|
3.200 | 1 | 1 |
3.220 | 2558 | 3 |
3.230 | 2038 | 1 |
3.240 | 3074 | 3 |
3.250 | 3290 | 3 |
Last trade - 16.10pm 06/11/2024 (20 minute delay) ? |
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NAN (ASX) Chart |