Nothing has changed since that SP busting announcement of a few weeks ago, but of course an announcement alone doesn't hold up a SP these days.
Of course it appears that NVGN has been heavily shorted over the last 2 weeks (confirmation anyone? - shame as it has nothing to do with the value of a company). But the drop has been slowed, and volume is almost negligible, and we are sitting in the low $5.00 range.
For the record, I don't hold NVGN, but holds it's Australian counterpart NRT (which mirrors NVGN anyway).
At the very least surely we are in for a retrace soon.
Apart from another impressive announcement?
NVGN seem short of funds?
No real follow up announcement (apart from the Ingham one), but I guess these things take time.