any chartists?, page-29

Everyone needs to settle on the current S/P and movements that have been occuring over the past weeks.
When a major shareholder exits a compay register it unsettles the balance and a degree of nervousness appears. Other matters, I believe that have impacted on the share price are:
The farmin announcement, this could have been better managed
The coming together, purely due to timing is the purchase of more land around Paloma and the drilling results (I have commented on this point previously)
Interupptions to measuring the flows
Traders buy on the down and trade on good news-we have had no news
With no news on a spec stock one would expect to see some weakening and
until there is positive news from some of the prospects, I would expect more of the same.

On the up side NEN is well managed and has some excellent plots. All that has to happen now is for NEN to quantify what tey have found. When this happens, hang on as the price will move in equal momentum to the size of the find.

Control your anxiousness and impatience and I am sure you will be rewarded.

If the shares go sub 40, it must be an opportunity.