The SP was below 30 cents a month ago, is that not anywhere near 25 cents? Constantly blaming overall market sentiment has become a broken record. I will back my judgement on the 25 to 40 cent range in the medium term and see prices even lower as a healthy oportunity. Long term outllook is still positive but management do dawdle and the ENI announcement wasn't quite what the market was hoping for, hence the sell down.
NEN Price at posting:
37.0¢ Sentiment: LT Buy Disclosure: Not Held