Ann: Arrowsmith 2 Update Presentation Sydney 7 an, page-11

re: Ann: Arrowsmith 2 Update Presentation Syd... JM

Just had a look at BPT chart. Obviously a big down day, but may be just a technical gap fill.

As far as NWE goes, its a fairly sick puppy from a t/a view.
41ema just crossed down through 195ema (bearish)

Needs some substantial fundamental news to drive this out of the doldrums imo otherwise will just drift lower. Resistance at 4.3c and a gap at 3c which seemed out of the question a couple of months ago, but a possibility now.

Holding.
GLA