NWL
I must be very ignorant.
NWL came out with a decent financial statement and its share price went down. But I am not an accountant. Maybe, the market is expecting a much better set of figures. I put a lowish bid and picked up a small parcel a short while ago.
posted by Club Mulgoa @ 11:15 PM
2 Comments:
Topped up at 5.91, now 6.35. People must be expecting a much better performance so when a good announcement came out, it got sold down! That is when I topped up. I have no idea why investors were selling when the prospect is good.
Today 7/5/18 Monday, it closed at $7.98.
I still fail to understand why people were selling out of NWL when its announcement was good. I must say that I adore idiotic investors.
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