Seems like Paradice Investments have sold down about 1.1% of their holding once they read about the main shareholder in managemt sold off about $5 millions worth in December? Could explain price falling last few days apart from 4 Sky Business commentators making negative comments over recent times. Im still bullish on NEA for longer term, though indications are short term profitabilty might stall for this financial year allowing for $8 million cost of setting up in USA without corresponding income to offset it.
NEA Price at posting:
59.0¢ Sentiment: Hold Disclosure: Held