Chart looking good, looks like floor hit at 0.380 and good buying levels have kicked in. That large buying order that has been mentioned by others may be a sign that the big guys are getting back in for another push up. The stock may lag the market until risk sentiment improves further, perhaps after the Greek deal is finalised. A movement and consolidation at the 46-47cent region would be a great sign of the higher base forming again. Of course these are short-term drivers, we all know of the very poistive long term aspects that the stock holds.
Those of us waiting for a lower base may have missed out on an opportunity, taking a line from the great Winston Churchill
'I never worry about action, but only inaction.'
On that note this pirce point still holds great value in my opinion.
NEN Price at posting:
40.5¢ Sentiment: ST Buy Disclosure: Held
