I get the feeling that its just day traders churning the same stock multiple times a day trying to make a 0.1c gain, thus the current price is just being pushed around based on their collective panic or exuberance, nothing more or less, and nothing about the value of the company as none of us can guess it..
So how many actual shares have been sold in the last two days, well supposedly 60mil today, and 200 mil on Friday. In reality its probably about 30mil worth have been churned 6 times+ on Friday and twice today.
AS they move to more medium - long-term hands the price will reflect it.
NEN Price at posting:
6.5¢ Sentiment: Hold Disclosure: Held