how timely

All is exactly unfolding according to the NXS plan and in line with my post of 15/11.

Like I said:

1) institutional investors don't try to change things, they bolt if they don't like what is going on. Case in point, yesterday's notice by Credit Suisse that they have been reducing their stake (and they still hold a lot of stock .... nasty overhang). Note: they did not wait a few days to come to the AGM to express their views!

2) shareholders are placated at AGM - you only have to read the generalist, motherhood, feel good statements by Chairman in his opening address. Not much about NXS and what it is going to do but a lot about the industry and what it is doing. Generalist waffle any shareholder can get by doing a quick google search on "LNG" or "natural gas".

and...after some coffee and cake....we are done for another year...back to business as usual. Nothing changes. Shame really.