NSC 4.44% 47.0¢ naos small cap opportunities company limited

spp allotment, page-6

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    CTN Announcement:

    "A large influx of SPP applications on the last 2 days saw the SPP raise approximately $4m more than the Company had anticipated in its announcement of 20 January 2010. This is likely to increase the total combined raising from the SPP and the Top-up facility from $30.5m to $35m."

    Why did they not wait until the SPP had closed before announcing a top-up facility? or do they guess everything?

    To think only 2 months ago we were heading to $1.20 and now we are under 90c.

    When are shareholders actually going to be the first thought of this imcompetent management?


    P
 
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