It's a bit late down the track to chuck out the "why don't you short" call Pete. Paydaygirl has made a simple comment, that did not need to be attacked.
Pete. Re read Topwins post in this thread. (6945561) and cross reference it with the "one or more" comment in the announcement. This will be the JV.(imo) because they have to before it goes to court in Aug. The "more" in the "one or more" would have been the "E" farm. Which looks like being tied up again.(no BFS needed)
The "G" farms continue to be sprooked at a low production p/a. Looks to be the go it alone with the help of DRA.(Some deal)
On a TA level I mentioned last week if it broke 27c it would be in trouble as this was support in 09 and after the suspension. The next level is 22c (09) which it balanced off yesterday. This looks to be a new range. If it does not hold 22c the next is GFC 12c.(Lowest ever point)
In 03 NKP closed on it's first day @ $1.18. The "G" boys and girls has done a wonderful job since their take over in 06.
NKP Price at posting:
24.5¢ Sentiment: None Disclosure: Not Held
