NET (ASX) Grant Booker ...for all intents and purposes...is now leading the company

Originally posted by jcallaway: ↑

Just as posters used to say that JT was the reason for the business, because he was raising all the cash, which might have been dilutive, and might have been spent on projects that have not worked out all that well, The company was alive because of what JT did.

NOW, Bookers cash is on the line, and as has been pointed, must be paid back.

This is how Adventure Activism Distressed investing works, he has some equity, he is now the Primary on the debt side, and we have Regal selling every week, and knowing that they must disclose this. The CFO headed for the exits in December.

Yet the SP showed, and did exactly what was predicted, it went up on some positive factor.

Some have stated that the stock is being traded higher, I am not sure how that would be allowed under a Compliance Review, which I feel the company is under, it could not happen on other exchanges, and the new Board Members seem unlikely to put their names on that type of activity..

So Booker is driving the boat. I see that as a strong positive. Why, he put his money, where his neck now is. Which is all that counts....really.

JT bought SSI to keep from being delisted, I still can not understand what happened to that, and the potential. But NET has some local talent and that knowledge must still exist.

China is now the most risky market on the planet. If you believe they try for Taiwan, then overseas China wealth can be confiscated in the same manner as what has happened to Russia.

Russia has the right to claim the Bio Weapons Labs in Ukraine were a legitimate threat.

Formosa is not a threat, but the confiscation of even some of the "Princelings" overseas stash wealth, is problematic for XI.

That makes protecting the Australian Homeland from the coming CYber assault, job one.

There are deals to be made to acquire, and deploy immediately, very compelling products

Call the Ball Booker.

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I apologize to JT, and his ardent Touting Army, if this was interpreted as a knock on him.

I do not believe he ever wanted all this, and simply, as an asset Manager, played the hand he was dealt....as best he could, and played to and with to the forces, as they introduced themselves, that he best could , to keep it all alive.

IMHO, JT never intended to be a Tech Mogul, he was a fund manager, when the music stopped, he scrapped and clawed for every inch necessary to keep this raft afloat.

The tech world is littered with chaps that did their best to keep it a float, to prevent the company from going under, you often make a deal with any devil that buys you a year, this post was to tell you that in my opinion, the baton has been handed over, perhaps grudgingly, to a new runner, a new pilot, one perhaps no longer beholden to the difficult deals that were made, but one one capable of navigating the future.

JT is still a substantial share holder, everyone's best interests are now aligned, as they must, and should be.

Yes, the dilution is still there, the market is still as tough, but the solution for protecting Mother Australia is not evident....yet....NBN is not a "Maginot Line", and the your Island is about to the in the middle of the next very hot.....COLD WAR, which is why we gave you those submarines.

Suck it up, look forward....hell even try and help a little, because is you on shares. you are in it to win it....and winning it....is appreciating that an experienced investor....from Perth....likje TG...has ponied up 10 million to play another hand.

SAVE AUSTRALIA