ready to bounce?

Now posted under NMB.

A couple of months ago Pracom sold its business assets to Service Stream and changed its name (ie the listed entity) to Namberry (NMB).

The directors have announced that once they square the ledger, by the end of May, shareholders will have cash of about $4.5m or 3 cents per share, franking credits of $7m and a nice clean shell.

Last close 1.9c!

The directors say they're talking to interested parties and will announce the decided direction (purchase / sale) by the end of the month. For me, it's likely to bounce.

PCO announcements are on namberry.com.au.