NNG 0.00% 2.0¢ nexion group ltd

Ann: Suspension from Quotation, page-11

  1. 4,163 Posts.
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    Doesn't matter, they were bad deals done at 2021 prices.
    Existing holders don't want to pay those inflated prices, especially with the dilution required.
    Hoping the team have found a smart acquisition at a good price.
    Doesn't need to be game changing (material transaction here could be $500k) at this point.
    But with turnaround of company financials, could get the market cap back to $20m quicker.
    Then the real acquisition strategy can be implemented.
    Last edited by jaluma: 29/04/24
 
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