Posted on advfn5 Aug 2013 13:48
Chateauneuf du Pape
5 Aug'13 - 12:44 - 3810 of 3810 0 0
Guys,
Look at NEOs cash position of £525,000 and the £101m of tax losses that ultimately are worth circa £20GBP I'm tax savings.
The article regarding reducing CO2 by planting BIOFUEL plants and low and behold NEOs has 1/2 billion acres!!
I predict shares will be purchased by those seeing value on Friday and this morning and the SP will rise from this artificial drop.
Happy to wait and if you read between the lines NEOs haven't given the obligatory "we know of no reason"...they have actually underline their cash position, ongoing orders and cash burn reduction.