Replies to post #206 on New Zealand Energy Corp (NZ)

[traderlong2]

Thanks Maverick
I think you are spot on
I have been and continue to add at the .08 range
and I think with anything positive a return to the .40ies is possible
it hit 3.80 in 2012
that is a serious drop to 7-8 cents!
management did not handle the capital well
They raised 63 million at 3.00 per share
and presto it is gone
I think you are right they will be very careful going forward
glty