What I have experienced with stocks like NEN is that whether you get it at 0.31, 0.45, 0.56 or lower, if you stick to your guns, you will be well rewarded over the medium term, say 1-2 years. Also don't forget the cap gains discount after holding for longer than a year which makes accumulating now a sound strategy in my view. I have been topping up recently as I have strong conviction in the risk / reward equation here. Cheers damo
NEN Price at posting:
30.0¢ Sentiment: Buy Disclosure: Held