When you're trading/investing you should always bear-in-mind that you're playing a game of probabilities... and it's only with hindsight that you'll know which are winners or losers. NUF at $11.50 is $1.50 (13%) below the $13.00 price agreed should Shinochem complete the T.O. My reckoning is: FRIB approval: 90% chance it will be granted. Shinochem decide to buy NUF: 70-75% chance of proceeding. Others may have different opinions/estimations. But based on the above i am holding my NUF shares as probability of obtaining $13.00 is high. Another way to look at it is: what other shares on ASX have 70-75% probability of rising 13% within 8 weeks?? Not too many IME.
NUF Price at posting:
$11.00 Sentiment: Hold Disclosure: Held
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