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ELE - Elmore Ltd

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Re: NSL - NSL Health


Fair enough YT, headbanging hurts. (I just wanted to make it known on the thread here...)
My pleasure.
The Red Sea scrolls are hard to miss, so I'm off out and about...

ASK said:
back to our topic ... NSL
some big falls already today, NSL hit 0.023 feel like a fool knowing i bought in so high yesterday - hopefully we cross that 3 cent barrier again :
Click to expand...

Seeing the twocents now, which is better than 1.7 ... (see how long it stays, if at all...)
 
Re: NSL - NSL Health

Scuba said:
Fair enough YT, headbanging hurts. (I just wanted to make it known on the thread here...)
My pleasure.
The Red Sea scrolls are hard to miss, so I'm off out and about...




Seeing the twocents now, which is better than 1.7 ...
Click to expand...

Can someone please explain to me why a company like NSL, which yesterday, was filled with consumer confidence is getting such a hammering? Are people really that worried that they are just dumping all of their stock on the market?

Regards,

The confused school holidays trader ...
 
Re: NSL - NSL Health

Hi ASK, are you a teacher or a student?

Anyway when the sky is falling speculative stocks like this one get hit hardest. You can be sure all the action yesterday was traders ( not investors ) many using borrowed money which they have to pay back in short time. They will cut their losses and run for the hills.

Hope I havent over simplified
 
Re: NSL - NSL Health

yeah ... i see what you mean, but why would everyone break ranks when clearly ... this company has some serious potential?

Yeeeeah ,student, starting year 12 in a few weeks.
 
Re: NSL - NSL Health

ASK said:
yeah ... i see what you mean, but why would everyone break ranks when clearly ... this company has some serious potential?

Yeeeeah ,student, starting year 12 in a few weeks.
Click to expand...

Ranks? That word suggests some form of order and communication... I don't know any holders other than a friend of mine who also bought in.

Market today looks like no-one has any time to call anyone...
 
Re: NSL - NSL Health

Guys before anyone panics re the announcement just released "Ceasing to be a substantial shareholder"



The group that sold "Cullyamurra Pty Ltd" are the previous management,

Thye were given 35m shares at 1.5c to extinguish all outstanding director fee's etc etc

So its a good thing that we have these ex maangement out of the way, after all they're doctors and know nothing about Iron ore

The current new management haven't been selling, they're in this for the projects and proper returns

Cheers
 
Re: NSL - NSL Health

ASK said:
yeah ... i see what you mean, but why would everyone break ranks when clearly ... this company has some serious potential?

Yeeeeah ,student, starting year 12 in a few weeks.
Click to expand...
There are no ranks. On days like today its not unlike 600 people all trying to get out of a burning building through the same door. (Thats the mind set). When it turns (who knows when) they will be like bored house wives going to a 99% off sale (thats the mind set) In between its herd mentality. Ever tried to drive through a herd of cattle blocking the highway?

All things considered today NSL has faired well today I thought.
 
Re: NSL - NSL Health

Nice one YT, see they were selling off in December too.
Had a friend who's holding on the phone at the time it was released, so we had been discussing it as you posted here...
Good to see such a quick re-action to it...
 
Re: NSL - NSL Health

Thank You for that Young Trader. Good to know. That said there isnt much that could cause panic at this point and after todays abysmal showing
 
Re: NSL - NSL Health

50% fall in 1 day from the high, bloody hell, running out of funds. Do I buy more tomorrow to get my average entry price down and hope they recover in the next few days?

Wish I had crystal ball and shorted the index and some other shares on CFD's, but every day we hear - it wont go any lower, and then it does!!
 
Re: NSL - NSL Health

I've been thinking the same thing LRG

Youngtraders research shows NSL to be a company with some massive potential. I would expect NSL to remain somewhere around its current levels until these massive drops on the ASX stop. Having said that, when thinks are on the up NSL will be one to watch! If you've got the cash ... keep an eye on this baby.

Thats my 2 cents ... but im 17, and when has it been the norm to take advice from someone whos only degree is in year 11 economics.
 
Re: NSL - NSL Health

Nice to see the director buying on market because he saw the SP plummet on negative news.

Means he is happy to put his money where his mouth is.

It also means we aren't due for news within 14 days doesn't it?
 
Re: NSL - NSL Health

kpas said:
Nice to see the director buying on market because he saw the SP plummet on negative news.

Means he is happy to put his money where his mouth is.

It also means we aren't due for news within 14 days doesn't it?
Click to expand...
That 's a bit of a let down, some news would have been good. If this rule is correct kpas, does it include reporting announcements?
 
Re: NSL - NSL Health

kpas said:
It also means we aren't due for news within 14 days doesn't it?
Click to expand...
Why would that be the case? Wouldn't they still have to release news as it comes available? Surely a director can't predict the future and if they had good news, they would have already released it.
 
Re: NSL - NSL Health

ASK said:
I've been thinking the same thing LRG



Thats my 2 cents ... but im 17, and when has it been the norm to take advice from someone whos only degree is in year 11 economics.
Click to expand...

just like your self ask. just going into year 12.

Hopefully this ones comes off got some cheap ones yesterday after the hammering, good times ahead.
 
Re: NSL - NSL Health

mobcat said:
Some nice words and pickeys from Brantley on Share Scene worth a look i feel interesting and profitable times ahead for NSL holders no wonder BHP are lurking hey


Hi All,

More than one dimensional. JMHO
***edited for brevity***
Click to expand...

THIS POST WAS ORIGINALLY BY a poster by the name of Brantley, most of it can be found on the NSL thread at Sharescene but according to the post on sharescene was in fact from hot copper...
Nothing like quoting your sources...
 
Re: NSL - NSL Health

Sold over a period of time. Not all at one go. They still hold 32,599,298 shares or 11.26%. I will still hold based on the research presented here ATM. Any other thoughts from the more informed posters?
 

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