NNG 0.00% 2.0¢ nexion group ltd

NNG Begins Trading Thursday 18th at 10:30 EST, page-28

  1. 82 Posts.
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    It didn't come out of the gate as strongly as I would have expected, and that's most likely a reaction to the mishandling of the IPO.

    That being said, it's not a bad thing in my opinion as there's a good chance we've now shaken off a good number of those that believe IPO is an acronym for I Profit Overnight.

    If Nexion were to release a shareholder update by say... Tuesday/Wednesday next week, even if it's just a rehash of the partnership with Aryaka.
    This would go a long way to avoiding the usual dip after an IPO and provide investors with renewed confidence and a solid base for a respectable and stable 35 - 40c share price at the end of next week.
 
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