The shorter report couldn't pick the worse time to publish their report.
FA: - the half year report is pretty solid. Less churn rate, margin going up, loss reduced by 50% and roof scanning product is also getting traction. - the response to the shorter report is very convincing
TA: - The short report created lots of interest/exposure from different news agents. (AFR, the Australian etc.) - More interests = more trade volumes which would lead to a stronger momentum. (either bad or good) - The SP only needs to close above $2.45 for a few days to break the downtrend (not far away) - The SP only needs to close above $2.75 (next resistance) for a few days to continue to the uptrend
GLTAH and DYOR
NEA Price at posting:
$2.36 Sentiment: None Disclosure: Held