GROWTH NTC STRATEGY DELIVERS RECORD HALF YEAR REVENUE22 February 2019 & SELLING WHY?, page-2

Yes - no one from the company is willing or able to answer that key question.

The reasons it has on the letter dated 27th May 2019 are suspect.

1) Significant premium on a deflated price where market has no confidence in the company and it seems neither do the directors.
2) Certainty of value - we shareholders are not after certainty of value - particularly at this level. I would rather have uncertainty than a certain unsatisfactory price.
3) Limited conditionality - Is this a reason?
4) No other proposal - how about the proposal to get on with business and make some money. Why are we selling?

And then the kicker - the alternative scenario - your shares will likely trade below the scheme offer of $1.10 and possibly below the 72c it was trading before we came up with this "compelling offer." Well they may well do. Why were they trading that low before this offer? Why the sudden plunge on release of the FY18 results that to the casual observer looked like nice results. What was going on? I think it best for the shareholders that that is dealt with so the shares can trade more like fair value - which is well above $1.10.