Ann: Trading Halt , page-14

wonder how much they got left to raise out of the 10M?
if they raise a further 3-4M @ 3.3c, thats 100M-120M more shares.
So nsl will have 1.1 Billion shares approx.
a consolidation @ 20c from say 3.3c is 1:6
1.1B / 6 = 185M shares on issue.
this is great IF nsl have the project going, as it will re-rate nsl easier with less shares on issue.
The only bad thing about consolidation is the retracement after consolidation, so you can loose money. But in this case its for a good reason IMO.
lastly directors will be buying up imo once things look tasty in the very near future.

all imo .