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Ann: Reinstatement to Official Quotation, page-84

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Gucci

531 Posts.

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30/12/20

12:50

Post #: 49862990
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Originally posted by country bob: ↑

Ignoring the numbers, my biggest takeaway from that information @Gucci is the line "THE LOANS ARE UNSECURED".

It is reasonable to think that these lenders are very confident of getting their money back. To be that confident it is also reasonable to think they are very close to what is happening in the short term and what is likely to happen in the medium term.

The fact they have made unsecured loans is a huge vote of confidence in the prospects for NET over the next 12 months. IMO.

Notwithstanding that vote of confidence, I am concerned I might die of old age before the SP actually improves significantly and stays on an upward trajectory. Still hard to believe it touched 30 cents last year.

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Ah! Ah! I thought the same as a positive however they are obviously trying to secure some cash flows for the next 12 months in case of... maybe to pay their increase in salaries and directors fees...

Last edited by Gucci: 30/12/20

NET Price at posting: 4.9¢ Sentiment: Buy Disclosure: Held
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