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Nea is going up why ?, page-11

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Docdmp

35 Posts.

13/07/15

20:16

Post #: 15626455
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Originally posted by drbrooks ↑

Good question Major

Paradice had 18.8m as per most recent ch in subst shh holding notice (Apr '15 ). Less 1.7m offloaded as per recent ceasing to be a subst shh notice. So plenty to go if they do intend to sell more.
I haven't looked at the volumes recently but would think they still have plenty left.

Obviously it puts downward pressure on the sp but other than that I'm unconcerned and happy to hold. I will eat my (new) hat if NEA don't hit that Aus run rate ($30m to $50m) by December. Dunno how they are going to do it, but I honestly believe that they will. There is no way in hell that they would keep reaffirming it so close to Dec if they didn't think they could do it. Either that or they are all smoking some v good legal Colorado green.

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Hope your hat survives your latest prediction drbrooks!!!

NEA Price at posting: 54.5¢ Sentiment: Hold Disclosure: Held
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