Councilgritter - assuming you are referring to me - you yourself make a large number of assumptions about how long I've followed NEN or what I know about it. Presumably to reinforce some opinion that I don't know what I'm on about?
I may not, as I say, with NEN. Not any more. I'm not sure anybody does, including management, who are reportedly as shocked as anybody at recent events.
I was one of those aware of the risks but prepared to play the game. I've had success in O&G and I've had disappointment. I will again too I'm sure.
I agree as it happens that the fall in the SP seems a little disproportionate. But I also think there are a number of significant unknowns yet that could mean it has further to go. I don't know. But I see too much pain ahead to wait for any gain. Good luck to you with the bounce. I hope for those still holding it happens. I just don't see a catalyst myself. Not anywhere in the near term.
NEN Price at posting:
5.5¢ Sentiment: None Disclosure: Not Held
