Ann: Quarterly Activities Report and Appendix 4C, page-17

The quarterly was like a non event for me. It provided nothing new and indicated that there was much hope for the future and that no adverse events had incurred.

The market has reacted accordingly and with the decline in US markets at present no doubt some of it has rubbed off on NET.

However the elephant in the room is the future income projection for 2021.

Markets hate uncertainty and I feel until this question is answered the market price of the share will struggle. The company appears reluctant to put a figure on their expected gross income for 2021 and some of the reasons for this were given at the AGM.

Nonetheless the company must make an annual income projection even if it is a conservative figure. Until then doubts will persist and the share price will continue to lack support. After all the prediction they made last year was good and they have some credibility for forecasting accurately.