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bulky

1,394 Posts.

207

21/03/17

18:13

Post #: 23520042
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Originally posted by Inductor ↑

Bulky,

I don't recall any company making announcements about management changes. To be honest, if they did, we'd all be wading through knee-deep announcements every day.

I'd also have to ask, what good would an announcement do? Investor relations have to be honest when asked a direct question, but really, would the result be any different if the board suddenly issued a statement to market (which is so out of line with normal announcements) about a staff movement?

We have been in a downtrend for months, and this only keeps us in that same channel - the price was pushed up be people expecting instant riches ... and now it is deflating to a level which is sustainable. Once we get a good look at the US figures ... then perhaps there would be some justification in a rise to the levels it reached .... but blue sky pricing is tenuous at best .... just look at Aconex.

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Seriously?! You've never recalled any company making announcements about management changes? You probably need to get around a bit more. NEA does not have enough good will with investors or the market NOT to make an announcement. The SP is clearly been driven down by these rumblings of poor culture, resignations and sackings. It's just good management 101 to make an announcement.

NEA Price at posting: 45.0¢ Sentiment: Sell Disclosure: Held
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