Yes, great call by @Alo. My bank balance has also taken a hammering, and now caught in the bear trap with funds tied up that I would have preferred to allocate elsewhere. Oh well, I knew this was a possibility and took my chances: I'll now sit and wait for the recovery.
I must say I was surprised by the amount of the net loss and the poor performance in the US in the last quarter. Well above expectations for the former, and below for the latter. the market was surprised, too.
On the plus side, it's encouraging to see the continued strong growth in revenues in Oz and the comparison with the US. It puts the US position in perspective.
Overall, the company is still tracking very nicely. But today's results could have been better.
NEA Price at posting:
47.5¢ Sentiment: Hold Disclosure: Held
