This IBM and Aryaka contracts write offs are really hurting NNG, cost cutting is evident but they are also struggling to increase revenues significantly.
Took a loss and sold out in August 2023 at 1.6 cent and the share price is still going no where, too much opportunity to be missed out for holding NNG in my opinion. Luckily I have recovered my money elsewhere and start generating more profits again.
Ann: NNG Appendix 4D and Half-Year Financial Report to Dec-23, page-7
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