Good points Scrixy, and their stock price has held up pretty well given the smashing many small caps have had recently.
Because the market has been obsessed with yield, there has been a major withdrawal from small caps who show no profit. It's understandable at this stage in the cycle, and we all know what NNW are trying to do with their marketing, and they seem to be doing a reasonable job of it.
Given all this, and current global economic sentiment toward small caps, and the perceived slowing of Chinese growth together with credit tightening, NNW management should not be surprised at the lack of interest and growth in the stock price. It's simply not going to happen until global investor sentiment moves on to the next phase in this current investment cycle, given that the next phase will once again hone in on developing countries and prospective small caps in the Online sector who show potential. It will happen in time.
Gw
NNW Price at posting:
39.0¢ Sentiment: Buy Disclosure: Held
