NNG 0.00% 2.0¢ nexion group ltd

Stock Price, page-31

  1. 2,239 Posts.
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    Oh what a difference a few years make:

    2021 Peter Christie:
    "Our team led by Paul Glass and Kevin Read plans to expand NEXION’s reach across Australia and globally via acquisition of similarly focussed information technology service providers. Growth via acquisition will maximise the speed at which NEXION can roll-out new OneCloud Nodes and on-board new customers in national and international locations. A key feature of our business model is long-term contracted recurring revenues with high gross margins." Nexion Prospectus


    2023 Peter Christie
    "Tech companies have to make a profit. NNG had 26 staff and nothing like a profit. Now it has the right head count and is on the right organic growth trajectory with new product initiatives underway."
    ....Funny, I don't recall reading that in the prospectus you singed off on.

    Takes some nerve coming on this forum as the Chairman who presided over this IPO, ticked off the prospectus and then patronise readers, likely including long suffering shareholders, while your share price is down over 90%, for perhaps THE worst IPO of the 2021 vintage.

    Can't see the markets supporting you again in any new venture you try to take public, ever.

    What ever happened to those nodes anyway, you know the things the whole IPO was premised on??

 
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