I get where you're coming from Snoz but would you agree that 95% of stocks on the ASX are still unfolding, developing, exploring? All of them at absolutely a moving target.
Keep in mind, the growth in this stock this year has been fantastic but during that growth, check out the swings in the SP the smallest of them being over 10% since April. Yes we all know that nothing goes up or down in a straight line but this was during a period where the fundamentals were just getting stronger! To me, yesterdays announcement was the first that the market rejected.
I did say earlier when NEU entered the ASX200 that it now comes under control of the market more than management and the market is having it's way with NEU.
Thankfully with NEU you have a low SOI therefore it's harder for the big guys to do their thing but they still do.
Hedge/Short position of 2.5%
So Snoz, I do understand your thinking but there are so many factors at play now and charting the momentums and swings will produce fantastic opportunities. IMO.
Cheers
I get where you're coming from Snoz but would you agree that 95%...
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Last
$13.76 |
Change
0.150(1.10%) |
Mkt cap ! $1.758B | |||
| Open | High | Low | Value | Volume |
| $13.60 | $14.00 | $13.51 | $5.043M | 365.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 3816 | $13.73 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $13.78 | 2834 | 1 |
View Market Depth
| Last trade - 16.10pm 13/09/2024 (20 minute delay) ? |
| NEU (ASX) Chart |