NBS nationwide building society.

facts/questions that asic should focus on, page-6

  1. TBE
    3,734 Posts.
    Today's announcement is the nail in the coffin.
    Anyone still holding should get on their knees and pray for a miracle.

    Think about this:

    If you had such a negative announcement to make, wouldn't you also want to provide some balance with an update on the cash receipts, if in fact there have been an substantial receipts since the balance date.


    We are 4 months into the second half and no forecast or update on cashflows.
 
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