NST 1.45% $14.73 northern star resources ltd

Will NST have a pullback from here, page-7

  1. 1,160 Posts.
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    Kina

    Good to take profits well done in such a short time. The fall was clearly overdone and buying under $1 was a great opportunity to increase holdings.

    However I respectfully disagree with your reasoning "fear in global market, not so much in POG". Sometimes you can over think things. If you believe A$ POG won't drop too far from here, the risk is clearly to the upside - a 10c dividend (ref my previous post) even at 158c gives a gross yield of 9%. That will certainly drive the accumulation and ensure a new high is imminent. By the time the 1st half interim dividend is announced on approx. 27 Feb, NST should be confident enough to increase it from 1c to 3c or 4c. The smart money and institutions will know this. Anyway, each to there own strategy - good luck with yours.
    Last edited by DaLatta: 22/12/14
 
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