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NAN

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$3.25 nanosonics limited

Market Valuation, page-47

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Michaelirish

20,544 Posts.

79

17/08/18

14:32

Post #: 34997816
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Originally posted by Lies&damnlies ↑

Fish I had a look at the change in substantial holdings you posted. With the first one B Stang I observe that there were roughly 1.9 million shares sold at around 2.70 through the 2016 period. Purchases of around .6m at around 2.50 during 2017 and then 1.25M sales at around 2.70 in March 2018. After March 2018 the SP dropped down to the 2.30s in April.
What interested me was that the change in substantial holdings covered a 2 year period activity until the notification was posted.

It is quite feasible ( but I have no evidence ) that B Stang has been buying the lows again and possibly selling again at the highs. This activity may not be report for another 18 months.

The only thing that we can be certain of is that B Stang's share holding hasn't fallen below 5% because this activity has to be reported in a manner of days.

The same applies to M Stang all we know that he is still a holder of over 5% of the shares. He could also be buying into the lows earlier this year.

Not sure that these reports you posted give us any indication of current share price direction. It does show us that they are good traders who may have been active since the April lows.

I have some thinking to do before the 23rd August announcement. My current holdings average cost is 2.50 so I am sitting on some fat profits. The uptrend is very strong but this could be enhanced by the short squeeze that seems to be going on.

Do I like them on a long term basis?

Definitely. The expansion into other world geographic markets is a certainty. The new Trophon2 technology will gain sales in these markets as well as replace the old trophon devices over time. The use of these devices currently focuses on the critical ultrasound probes, that use will spread the the semi critical ultrasound probes where the non compliance rate of effect sterilisation is at the 41% mark. The annuity consumables income can only grow and after July 1 they will get enhanced income that GE was taking a cut of before.

However all of the above takes time. This announce could include data of sales in new geographic locations. It could also contain details on the new products that they have been developing with all that R&D expenditure. Who Knows.

My conundrum is that without something unexpected in the report I think that the SP will take a hit. Do I take some cream of the top of my shareholdings and buy back low like the Chang's did.

My thinking hat is on.

cheers Lies

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My average price is 2.53. Sitting on a very hefty profit now. I am selling 10,000 at 3.5.
My view is to buy back in post the report come what may

NAN Price at posting: $3.50 Sentiment: Hold Disclosure: Held
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(20min delay)
Last $3.25		Change 0.030(0.93%)		Mkt cap ! $1.087B

Open	High	Low	Value	Volume
$3.21	$3.27	$3.20	$940.3K	290.5K

Buyers (Bids)

No.	Vol.	Price($)
2	182	$3.24

Sellers (Offers)

Price($)	Vol.	No.
$3.26	1421	1

View Market Depth

No.	Vol.	Price($)
7	53956	4.300
9	64182	4.290
11	51642	4.280
3	11796	4.270
2	4699	4.260

Price($)	Vol.	No.
4.320	75396	8
4.330	86369	16
4.340	28968	5
4.350	13221	3
4.360	10346	3

Last trade - 16.10pm 27/11/2024 (20 minute delay)

NAN (ASX) Chart

Market Valuation, page-47

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Buyers (Bids)

Sellers (Offers)