NEN 0.00% 22.0¢ neon capital ltd

good reason to rise, page-7

  1. 2,408 Posts.
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    Given the sp has been at 21c or more for 10 trading days it does'nt appear sellers have control. If anything the buyers and sellers are in equilibrium following what has been a near doubling in sp in a fortnight.

    Bidders today are above yesterdays close which suggests an opening of a similar nature to yesterday. Volumes have declined off the multi millions but are still well above the 200 day moving average.

    Hopefully a platform will be built around this new level for a launch higher when the Vietnam targets CA projects update.
 
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