NAN 1.97% $3.62 nanosonics limited

Ann: 2018 Full Year Results - Appendix 4E, page-43

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  1. 6,402 Posts.
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    zeno,
    I am aware that the chairman and the founder and his brother hold big chunk of NAN, not 30mil, but 38mil, or some 12 - 13% of the register, so NAN is their baby, and they started selling its baby (I said offload, and I didnt say sold out), but JCP did offload significantly.

    and secondly, there is no point mentioning CEO's holding, as majority of the stake are free carry incentives.

    the point I tried to make is the rest of the board held little, but was in a hurry to sell, gave a very bad smell.

    again, One product, One major customer, 1bil mc with little over 2.5mil made from operation, thats excluding 7, 8mil new addition plants equipments etc in the asset. all I try to say is very expensive product and business model which based on high end guidelines which in a downfall economy has difficulty to implement.
 
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