Wow dosh262, NVX investor relations really have managed to set investor expectations low havn't they?
It is investing 101 that companies that consistently under-promise but over-deliver will do well, while those who set high expectations (refer to any Greenenergy post), tend to disappoint.
I am surprised that you seem to almost protest that NVX shareholders ought not to expect early delivery of milestones, since the company has set expectations for things "to be quiet until mid 2019".
Such lack of transparency about what short-term milestones need to be met in order to achieve optimistic long-term goals (again, refer to any of Greenenergy posts), raises the question as to why NVX had to list on the ASX at all. Some companies are better off under private equity ownership and being unlisted, than languishing on the ASX on little or no meaningful news flow.
However, even in this "Trading Halt" there is an opportunity to surprise and make a good impression. The company stated in its release from 25th January
" The Company anticipates making the above noted announcement as soon as possible. Thetrading halt should remain in place until the earlier of commencement of trading on 30 January2019 or when the announcement referred to above is made."
There you have it, even in this Trading Halt announcement, there is an opportunity to surprise investors positively - i.e. by coming out with the funding announcement earlier than stated, so trading can resume and investor nerves can be soothed.
However, remember that NVX is an "exceptional company run by extraordinary possums". An opportunity to instill confidence by coming out with an early announcement has been missed, and instead, the stock has been suspended until 4th February.
And dosh262, there is nothing stopping NVX from meeting milestones early - that includes any set for 2H'19 - and if they do so consistently, we might all be happier little possums...
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