markets roiled on coronavirus. For me I mentioed a while back that might get down to 2.41 so now I will top up.
This represents a good buying opportunity as markets in general , not just nea, are feeling the pinch. But ask yourself how much exposure to China does nea have. Sure might go down further but if does will top up more - the business opportunity is just to great to worry about a few cents here and there. Shorts will be squeeed soon enough - but mid feb is the key on this one.
asa comparison look at qantas - I will be topping up on that one on the first signs that virus undercontrol - thats not this week.
NEA Price at posting:
$2.43 Sentiment: Buy Disclosure: Held
