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Ann: NNG Activities Update, page-17

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Paccman

439 Posts.

123

19/06/22

10:47

Post #: 62077285
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Originally posted by Paccman: ↑

Your welcome. I'm not a fan of annonymous posters so happy to stand behind my comments, views and posts and happy to reply to sensible questions.

The prospectus called out $15M revenue in FY22 via organic growth and acquistions, That isnt a random number. Running a public company is expensive and its a number we want to reach as a first hurdle. The FY23 target is $30M and I think we have both of those goals under control despite the volatility of the current market.

NNG deliivers mission critical services for large corporations. Even in the worst economic environment, enterprise customers need to keep their computers and their networks working so its a very resilient business.

Not all businesses in the tech sector are the same but they're share prices are all suffering equally in the current market. The ones who's underlying businesses are resilient to market corrections are absolute bargains right now.

Regards

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"their" share prices, not "they're"...

NNG Price at posting: 7.0¢ Sentiment: Buy Disclosure: Held
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