You are probably correct and I have no idea of the reason, but the timing is of interest to me, hence raised. it ‘may’ indicate they have not met sales targets and are pushing hard to pull sales in. If you’d hit targets already, why discount so heavily? I see this all the time when end of quarter sales are below plan, especially if bonuses are linked..
The share price action has been very positive and the last quarterly was very solid, so I remain bullish that sales are moving in the right direction, especially hope so for the US market.
NEA Price at posting:
$1.13 Sentiment: Buy Disclosure: Held