Ricky from what I have seen it happens gradually in the lead up to the spud date. Up days, down days, and sideways all play their part within an uptrend.
It seems the road block right now is the sellers at 25-26c.
As strategies go its best to accumulate as cheap as you can rather than playing the waiting game when we are this close to spud. It won't take much to pop the sp up 5c and thats alot of leverage lost if you're not already in. Ie if the share goes to $1 and one buyer is in at 20c and another waits and has to pay 25c, the early bird makes 500% the other punter 400%...still a great return but plenty of money forgone all the same.
NEN Price at posting:
25.0¢ Sentiment: LT Buy Disclosure: Held
