We don't know where Tariff saga will end as Trump has vowed to put 50% tariff on China and also on EU if China does not withdraw 34% tariff and EU does not show to negotiation table. I'm not sure if this is still an era where "King will order and the rest will bow to kiss their hand." Getting to reality looks still look few weeks until the turmoil.
If retaliation comes from China (which looks dead certain) and EU still delay the negotiation tactics, We should expect more market correction (10-15%) pushing possibly US into recession. NEU is still gem of ASX, however market condition and shorts are playing games to make Take Over offer more lucrative than anything else.
I joined NEU holding in January and was up 33% but now have averaged down yesterday to almost at break even but do not want to see this is going further down.
NEU Price at posting:
$9.24 Sentiment: None Disclosure: Held
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