Yep, Technically we broke that obvious downtrend resistance yesterday. 6.6/6.7 is the BIG ONE which I doubt we will see without news. Someone mentioned news this week??...
I notice another broker has put out a hold recommendation on it (I will try and post), they have a 9 cent price target . They say vietnam prospectivity is by no means written off. They would like to put a buy recommendation on it, but need more clarity about cash position, don't we all!!!!. Conservatively they say NEN has around $60m of easily sellable assets if the $9.5 million cash isn't enough, so we aren't the next FGE.
GL
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