NEN
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0.00% 22.0¢ neon capital ltd

your money your call, page-11

  1. nordesmic
    4,303 Posts.
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    28/09/12
    15:13
    Post #: 10787149
    The same thing has happened with many capital raisings this year. The share price often falls 10-20% below the issue price.

    I was rubbished here for calling 25-27 cents as a buy zone on the announcement of the capital raising. I still think this is a good pick up area.
    NEN Price at posting: 28.5¢ Sentiment: Hold Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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