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clock Created with Sketch. 12/11/14
22:42
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Originally posted by cortinaboy
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For reasons I've explained, I wasn't holding neu this morning. Well done to those who were - I can imagine the great feeling of seeing the announcement come out this morning. I saw the positive announcement and figured I'd be calculating the missed profits all day. I was really surprised how little the rise was though and to be honest, I'm now pretty comfortable with the decision. Basically, the best news possible arrived and the sp went up by half. If the news has been bad, it would have dropped by much more than that. Therefore, odds wise, you'd have wanted the chances of success to be odds on to make the numbers work. I didn't think the chances were anywhere near that so, well done to holders but I'm happy enough with the logic applied, even if I missed today's profit ( and fun of being part of the celebrations). You'd think it will go higher, but I can buy now without the same risk had I been holding before the results. It's been an odd stock. A few observations....
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It was subdued running up because of the trading activity... Bit hard to look now but the decline was purposeful...
(20min delay)