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cane7

4,133 Posts.

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20/04/16

09:31

Post #: 17550667
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Originally posted by rikkki ↑

Or as some allude to the reason GK 'left' was because of his ongoing problems with accountants and tax avoidance structures him and his son had in place which continued to be a problem for them after 'Wickenby' and as late as late last year there was also his reported ill health... and that’s not a slight on him and his science - he can still be a brilliant guy forging ahead curing cancer and try too hard to minimise tax... Picaso changed art and treated women poorly... no one is squeaky clean in every area of their lives.

It could just be the stress of it all meant he needed some time - he certainly deserves/deserved it.

He’s poured a lot into this company and did a lot of spruiking pre the CR – he’s not a young man and he clearly does care for shareholders, here's an opinion not a fact... maybe he wanted to put some distance between himself and the company whilst these things blow over, as the money was in and the transformation of the company under way he could afford to let it go or the company wanted the distance from him given health and tax issues.

Either way hopefully he is okay.

Also, the company clearly said how they were to handle communications and they have stuck to their guns. I don't disagree that comparatively news from last year was handled differently or that these results are not significant... they are part of an overall process - and it was clearly stated as to how science data will be handled.

It’s a shame the price didn’t move more but the future looks bright, personally I'm glad we are not having pump and dumps and that the stock maybe maturing to a more predictable growth pattern – it’s all very exciting when it flies up and down but it ends slightly either side of the same place.

NVGN ended the equivalent of 13.16 so short termers who expected an announcement and short term peak will probably be selling into .13 - .125 these next couple of days... what’s great though is the runway is clearing above these prices and given the current format for announcements there will be fewer of them but also they will be more impactful and timed less predictably - meaning hopefully those acquiring shares hold them longer term and don’t look to sell for a 20 - 30% gain to realise a gain and take it from current holders, money staying invested in the company = greater value to shareholders.

Big thanks to Rusty for his sharing his comms with NRT.

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rikki, I can tell you is health is good, cancer gone!!

NRT Price at posting: 13.0¢ Sentiment: Buy Disclosure: Held
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