Last year on March 10, NEU has been kicked out of AllOrds, and it was followed by a sell-off done by fundies which follow the index. The current buying is also related to the coming inclusion in AllOrds, hopefully NEu will be also included in S&P300 index which means more buying coming. Current market capitalization is around $329mils at today closing price means inclusion in AllOrds, not sure about S&P300 but it is close to it in my opinion. The announcement will be around 8-9 of March.
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