Been away for a month and very happy to see the content and frequency of announcements during my absence.
Not so happy the SP remains under pressure and has not moved north as we might reasonably have expected following those announcements.
My thought was that pressure was coming from holders selling to crystalise CGT losses before 30 June and that the situation would ease in the new tax year.
Nevertheless, I'm even more confident about Neppy's future and can't wait to see what is reported in the June Quarter results at the end of this month.
By the way, can anyone throw any light on what is behind all of these low volume sales that have been transacted today (and, no doubt, numerous other days, while I have been away) ???
Cheers.
NMS Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held