In the long run the only thing that matters is bang for your buck.
The FA isn't any different than it was when this was at the recent highs. I don't think someone exiting to preserve capital is a "nervous nelly" I'd say many have exited that perhaps once were full time posters. They as is their right may have chosen to remain silent about selling. XAO bouncing off a major pivot point. Over 1000 falls today. Until something major happens to turn this puppy, I can only see it going lower along with many others on the ASX.
I sometimes wonder how many of the "I just topped up today" actually did. I've been reading from 7.8 cents all the way to 4.2 how posters have been topping up at these "ridiculously low prices". With all the top ups you'd think the SP would be heading North again. Instead it's just falling South. The next few weeks will give a very good indication of where this is headed. imo.
NWE Price at posting:
4.2¢ Sentiment: None Disclosure: Not Held
