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Ann: NSL secures $10 million to expand production of wet plant, page-114

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madgwick

1,635 Posts.

358

15/05/18

09:54

Post #: 33095653
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Originally posted by Kenny Powers ↑

Hi Madgwick,

There is never an good time to consolidate, however it seems to work if a company's business model can support the new base and drive development.

If we were consolidating just to start another round of capital raisings and to keep the lights on then i'd be against it, but in this instance NSL has just entered and begun an new stage of expansion and sustained growth.

Now is as good as time as ever to do it.

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Thanks Kenny, I get that. Hoping my miserable view will be disproved & post consolidation will see the SP rise accordingly... from the outset.

NSL Price at posting: 1.5¢ Sentiment: Buy Disclosure: Held
2 Upvote

0 Great analysis

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