NEN 0.00% 22.0¢ neon capital ltd

2 wells experience significant cost over-runs, page-93

  1. 689 Posts.
    Hi Money123,

    Nen as you say has already paid drilling expenses as they fell due, and only have residual left to pay.

    I note NO top 20 holders have notified the market of any significant change in holding, excepting 1 director thought to be on the receiving end of a marjin call.

    Nen is currently priced to fail. I'm beginning to think KC may surprise to the upside.

    Am I missing something?

    4c is looking very tempting for an average down. Any more weakness & I'm all over it.

    Chart is starting to look like a psar 'flip' (reversal) is not out of the question.

    As you say " Based on valuation alone it will be a telling sign when support does come in."
 
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