We have to remember that NEN raised a lot of cash at 30c. Many of these holders have been waiting to get their $$$ back. Some will have sold in recent days. Some holding on. I was surprised that it moved up to 35c early in the week, as I though the cap raising overhang was going to 'cap' things a bit.
This strong move above 30c is in my opinion, a very positive sign as many of the cap raising holders are holding on.
I expect a further positive announce in coming days re NSA increased production and perhaps a JV partner for Paloma.
- Forums
- ASX - By Stock
- NEN
- bought more shares
bought more shares, page-17
-
- There are more pages in this discussion • 4 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add NEN (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
INF
INFINITY LITHIUM CORPORATION LIMITED
Ryan Parkin, Managing Director & CEO
Ryan Parkin
Managing Director & CEO
Previous Video
Next Video
SPONSORED BY The Market Online