NEA - May be worth keeping an eye on. Paradice Investment...

  1. ST
    3,037 Posts.
    NEA - May be worth keeping an eye on.

    Paradice Investment Management recently became a substantial holder again at around 59c (They were a substantial holder back in April 2013 at around 21.5c and sold some in July 2015 for around 57c). To me, a good sign they are back in at what appears to be a premium given recent SP history.

    Further to this, there have been large cross trades going through including this monster yesterday - No notice received yet.

    Capture.JPG

    Chartwise, having a bit of trouble breaking through 60c. Should be interesting if it goes.

    nea.JPG
 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.