It appears that you still have a desire to pursue the two NZ...

It appears that you still have a desire to pursue the two NZ acquisition. Given it’s been almost a year since the announcement to acquire these business, have these businesses been able to grow their revenue and profit over the last year. (Are the target companies still willing to be taken-over and more importantly why?. if their businesses are expanding, makes no sense unless their directors/owners are looking to cash out)

Too many times small listed companies recklessly pursue growth through acquisition, due diligence is often blinded by the need for growth, where the target pump revenue prior to acquisition and once integrated reality hits, targets are missed... no different to NNG IPO, and shareholders valve gets destroyed as intangible write-off are used to coverup lack of proper due diligence.

if directors are confident in NNG, maybe make an on market purchase, rather than holding shares issued and not purchased and claiming directors have confidence by holding. Because when the tide turns, directors dump, reason ‘for tax reasons’ To earn market trust is going to take tough and discipline management, are the current directors up to the challenge