NNG 0.00% 2.0¢ nexion group ltd

All things considered, NNG revenue has grown for 8 straight...

  1. 420 Posts.
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    All things considered, NNG revenue has grown for 8 straight quarters, the acquisition pipeline is significant and the customer base is growing. The only delay has been caused by the lack lustre tech investment market and pursuit of early debt funding for the first two acquisitions. Question was to push ahead at 5 cents or wait. Decision was to push ahead. Right or wrong, the acquisitions get the group to cash positive so takes the cum-raise question off the table and sets NNG up for faster growth in 2023. The Rights are a benefit to existing investors in the first instance. Those who take them up get the upside, those that don’t at least had the opportunity.
 
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