NAE 12.5% 0.5¢ new age exploration limited

Sure, showing a little bit more life, but it's still pretty...

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  1. 3,482 Posts.
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    Sure, showing a little bit more life, but it's still pretty marginal given whats going on and how cheap NAE is. We still need to find a way to increase the heartbeat and then we need to be able sustain the heart beat. The latter being our biggest challenge imo. Maybe the next ann (this week) will kick start it , or maybe it won't... We can't bank on it as all other ann's have done very little thus far.

    "I think most that wanted out are well and truly gone from this one now" - I disagree, the impatient ones will have left by now but there will be a lot of sellers still waiting off-screen for when and if the big flush comes imo. They may only be smaller holders, but there will be many of these and they add up, particularly when liquidity is low. There's plenty out there that can afford to hold until they can get close to their money back, or to hold the loss until the right time comes to off-set other gains.

    My hope is that we get a flush that is big enough to remove all the stale retail holders ( and whoever else may be hiding off-screen) so that we can carry on our merry way... we just need the volume event to allow this happen now. Once we get it, it will be much easier to move upwards.

    imo
    Last edited by Nodferatu: 24/04/18
 
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