yes Footy. we know the story with it i got in at ranges from 16 to 22. but increased not long ago now average 22.5 still hoping for it to drop i am covered on both fronts.
the problem here with Nen is management potential or the lack of it. i see upside in its assets from only reading about it in the last 24 hours. i have back tracked Ann's and some posts her as far back as i was game. i will be looking further into assets and cash. and some news following this drop of what they plant to do with further events and cash flow.
it does not mean to me that 7cents will stay drop or rise. but you can be sure that it had its ass kicked. the question is was it over done. and rule of thumb is to buy at a 75% discount. But again its the management that is a worry.
NEN Price at posting:
7.0¢ Sentiment: None Disclosure: Not Held
