Ann: Capital Raising Increased to $700,000-NAG.AX, page-76

Well I have just put my order in for another top up at 14.5c after-market close , so it wont appear til tomorrow in the buy queue. I'm convinced this is a single large seller today and given it went down to 14c it smacks of just dumping. There is only one big holder I am aware of that has been unloading this past 6 months, no need to mention who. NAG has just done a decent size placement at 15c, and the party( ies) were willing to take on more, so normally that would form the base plus a small premium on top, so if this selling today is simply an exercise in an entity reducing holdings in one stock to presumably invest elsewhere, then again I say its just a strategic decision, nothing more or less. Reminds me a while back when the directors announced they had exercised options at 10c,when the stock was 9.5c, and some bozo immediately sold at 9c, for goodness sake the directors exercised at 10c. Go figure the thinking of some people.