NXD 8.33% 11.0¢ nexted group limited

Ann: Change in substantial holding from WAM/WAA/WMI, page-10

  1. 1,311 Posts.
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    Yeah I asked the same thing in our end of year meeting/review - whether or not they were going to realise profits at 5x investment. They said they had no reason to sell as the buy argument was still strong. They think the synergy and positive impacts to the bottom line from the recent acquisition have not been realised yet, so there is definitely more to run in this.

    Fingers crossed they're right!

    Who are you with btw? We're with Wren and James.
 
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