Ann: Capital Raising - Investor Presentation, page-11

  1. 1,459 Posts.
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    My thoughts on this comment, a very reasonable concern. With under 3 months left in the FY, I think it wouldn’t make sense to upgrade guidance at this point. Much better result to go 5 million over guidance than upgrade 10 million and go under. The 6+ MWs sold this half are fantastic (>10% of sold MWs total) and it’s happened in the last 3 months. I’m predicting a lot more to follow before this FY is finished. I think the Cap Raise price today is pretty reasonable, and as I have done since 2012 will be participating. Lastly, after this placement/cap raise, NXT will have over 1 billion in the kicker. On a side note, the notes that are expiring mid year can only be a good thing, a lot of cheap money around means they will be reissued at a lot more favourable rate. Was only going to hold for 10 years but may have to go 20. Gltah
    Last edited by Smurph: 02/04/20
 
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