NNG IPO Updates, page-10

Interesting.

NNG first suggested the delay was out of their control - implying that the ASX was at fault "and can not be rushed". Whilst legally leaving themselves a little wiggle room.

Now, it seems it's not the ASX who is at fault but management who failed to "dot" the "I"s and "-" the T's.

Listing date is now 3 weeks late. The new listing date is to be determined.

Shall we expect yet another supplementary to the prospectus?

This does not inspire confidence.



Sentiment: Held
Position: Now Dubious