Over the last couple of days, i have been thinking that maybe for the short term, management are happy with the low share price.
What i mean is, in relation to the share consolidation, maybe they would prefer the lower price so as when consolidation takes place, it would lessen the amount of shares already on issue, if they were set at consolidating at 20c.
Like i said, it is just a thought in the back of mind, and thought i would share it with you guys and see what you all think. Just a good way to pass some time as i`m still travelling back home, so am on the road. Northern NSW tonight, Narrabri.
Regards The Tinhopper
NSL Price at posting:
17.5¢ Sentiment: Hold Disclosure: Held