Not sure on the logic there - but it is purely a psychological factor that causes poor portfolio performance ( and I'll admit to doing it myself!!).
Finally, after a long time of SP falls due to mismanagement of the business, the company has turned things around, resulting in an increasing SP, and the decision is made to sell. If it is euphoria with no basis for the rise, sure, but more commonly the SP rise is due to improved fundamentals.
I have thrown NMT in the bottom drawer, but should the business resurrect itself, I will certainly be holding as it is likely to be due to, I hope (never good I know), the recycling business happening at scale.
Not financial advice - just an interesting factor I find in the psychology of the market - people selling to finally end the pain of a financial loss, perhaps a smaller than expected loss, or even break even, on an investment - but when the company has improved overall, and one they would probably have on the watchlist had they not experienced the 'pain'.
Will NMT be that - no idea. Is adding here a good decision- a brave one imo. But I'm guessing would definitely lower the ave price of the holding.
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