Put yourself in the position of Stephen Mason, Shanny Dyer and Anthony Bertini and Arun Bhan.
It’s late May and the roadshow is coming to an end.
You’ve drummed up significant interest from some of the world’s largest and most prestigious mobile device manufacturers and the level of interest from banks and government departments on both sides of the Pacific is palpable.
Final product testing is proceeding as you expect and apart from a few minor algorithmic changes, you should be able to confirm that the product works to specification 99.998% of the time, as required by military standards.
There’s a huge expectation back in Australia from Hot Copper followers, who have stumbled into NXR as a result of their interest in the small end of the market and the desire to make a quid. They want news and they want it now! They want to know that NXR’s SP is going to the moon very shortly, so they can sell out and go and do the same thing somewhere else and brag about how they multibagged NXR.
What do you tell them. What does your first ASX market sensitive announcement in 5 weeks look like.
It’s too early for any MOU. You’re not at the stage of granting any party a confidentiality agreement so they can do their Due Diligence. But things are happening and you want to share it with the punters.
What do you say?
I dunno, but I guess we’ll find out soon enough.
It’s not going to happen overnight, but it is going to happen!
What's next
Currently unlisted. Proposed listing date: WITHDRAWN
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