The last meaningful announcement which updated shareholders was over five weeks ago - the quarterly only reiterated that the over-run costs were unknown. This is a complete and utter disgrace. The sequence of lower lows in recent trading sessions only reinforces this downward spiral. The knife will eventually get caught but how many shareholders will have been knifed by then. This is one avoidable situation and an announcement is needed. Come on ASX - a please explain is necessary as there are selective disclosure concerns and this is not a transparent market place for NEN shares.
NEN Price at posting:
3.0¢ Sentiment: Buy Disclosure: Held