We are all WAITING for an announcement re the much heralded and much guarded new addition to NAN's infection arsenal. It is patience testing and watching the SP rise and fall makes one giddy.
This post is meant to be a reason for optimism. I am not sure if I can carry it off.
WOW. The Wisdom Of Waiting. We live in an age of INSTANT gratification.There is so little discipline in this. And discipline is the rock on which investment decisions are made.
There is a law in accounting that mandates if there is future bad news, then this must be accounted for immediately. It is called the CONSERVATISM principle. And if there is contingency for good news, there is no such obligation to report.
I see this applying to NAN. IF there was bad news, NAN is obligated to report that. If there is good news, there is no such obligation. So according to my argument, no news is good news. I am reminding my self of WOW.
WOW NAN
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Last
$2.91 |
Change
-0.020(0.68%) |
Mkt cap ! $881.6M | |||
| Open | High | Low | Value | Volume |
| $2.90 | $2.96 | $2.87 | $1.567M | 537.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 10098 | $2.90 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.93 | 1171 | 1 |
View Market Depth
| Last trade - 16.10pm 10/05/2024 (20 minute delay) ? |
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Last
$2.91 |
Change
-0.020 ( 0.70 %) |
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| Open | High | Low | Volume | ||
| $2.93 | $2.95 | $2.87 | 135970 | ||
| Last updated 15.59pm 10/05/2024 ? | |||||
| NAN (ASX) Chart |