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Mosb

259 Posts.

46

08/06/18

11:24

Post #: 33591100
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Originally posted by Mosb ↑

The more I think about it the more I believe that we will hear very little from NSL this side of the consolidation.

We might get a sales update at the end of this month around the time of the AGM - this would be in line with the last two updates at end of month.

Consolidation then occurs early 2-3 July

Phase 3 ordered shortly after - perhaps mid July

June Quarterly comes end of July with evidence of cash inflows etc

All designed and ordered to keep constant upward pressure on SP

I'm skeptical that they will want to share any good news stories pre consolidation as there is so much uncertainty hanging around the stock at the moment because of the consolidation - why waste any bullets?

Makes sense to let things run for another month sure the SP looks sick but Cedric, FS etc are all long termers - they couldn't care less.

If they come out in July and release all of the above one after another this thing will run and 1.2c will be a distant memory..

July is also post Tax-year end selling blah blah blah

Does anyone agree?

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Glad to be wrong here...

NSL Price at posting: 1.4¢ Sentiment: Buy Disclosure: Held
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