unfortunately i take the words "Company is confident of positive revenue contribution from the Project in FY12" with a fair bit of scepticism
hopefully for all shareholders I am wrong but until I see it in the bank accounts of NEXBIS I would not be that postive. the last china deal was going to MAKE this company and nothing.
Depending on your risk you may jump in now and hope for the revenue to come in or you can wait for the revenue to come in and then buy. Obvisouly if the revenue comes in the SP will be higher but if the cash does not come in as has been the case for the last 18 months you will lose quite a bit.
I prefer to be cautious and gain a bit then be risky and lose a lot. everyone to there own this is just my opinion on this stock.
And yes I am biased as this company has burnt me.
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