NEN 0.00% 22.0¢ neon capital ltd

Ann: Farmout Of Offshore Vietnam Block 120 , page-32

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  1. 532 Posts.
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    Hey T-shirt thanks for the reply, I would have thought the whole flying below the radar thing is not all that pertinent today with institutions (e.g. Pattersons)certainly knowing about SAE / NEN, and most punters have software that scans the entire market (don't they?) through which Neon will have had some exposure. No doubt management need to bang the drum hard with insto's and really promote the company, but I would have thought more interest would have been in this company over the last few months. As far as skeletons go, no debt and solid cash flow is a great start, so only the possibility of legal action or some kind of dilution as a risk. As far as recovery goes, most other stocks have regained at least 30% of there former 2008 prices were as NEN is still quite a bit short of 16 cents (circa a third of 50 cents). Lets hope we get our news today and that it is all positive.

    cheers
 
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Currently unlisted public company.

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