Hi all,
This is exactly the kind of reporting (and results) we have been needing. NEA have made a large investment in the US over the past 2 years and the SP decay has been directly proportional to the lack of reporting and results. So finally some visible traction in the US and great growth out of Aus.
This'll help put NEA back on the list for many small cap fundies; and some may even buy(!). Bell Potter are now reviewing their $0.35c price target and with incredible 20/20 hindsight, are very like to come out with a much higher price target. Geniuses.
Only remaining possible 'concern' are corporate costs and I hope to see management start dealing on this issue soon.
Cheers,
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