Neratel @ $0.7233

Buy @ $0.725, $0.72

Helping to provide price support… Did a Jump-Q @ 5pm for the 72ct ones. These are extras and can be for short term trading..:D

Looks like the 2 prelim negative writeups by the analysts may be having some impact on share price weakness. The interesting points from the OSK DMG report below,

  • Nera Product Distribution Agreement Expires in Jan-14 ie. they will not only retain the Nera brand, but will be able to distribute other brands as well
  • OSK DMG has made the conclusion that Neratel will stick to the status quo of High Dividend Payout instead of a Growth path. I wonder if it's based on the Div = 4ct payout or they'd spoken to Nera mgmt??

Share price may head towards $0.70 till it gets closer to xd time… as even OSK DMK Tgt Price = $0.72…

 

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