where have all the buyers gone?, page-18

Hi Joe

Sorry about the delay in replying....been away.

I can't understand why you would continue to hold NSL shares with so little faith in management. It's investing 101...first box to tick is 'quality of management'. If you can't believe a word they say or at the very least can't understand their overall strategy, then in my experience the best thing to do is move on.

Hanging on to a stock simply because it has gone down and you are too proud or too stubborn to sell is a recipe for pain.

But you do hang on.

And for your patience you get an announcement like today.

As for cheap shots. The following is classified as a cheap shot....

"And in the mean time they employ managers left right and centre and what do they do all day - twiddle their thumbs and count their cash!!!!"

But enough. As you say, I have just arrived in NSL. I see huge potential and am keen to keep the thread positive as opposed to reviving in the past.

TTG