Hi firthy As I live in Norseman I have seen the tension of the town with the ups and downs of this company(mainly down) the directors and management of this company have in my opinion been less than upfront with their forecasts and where in reality they are. They have as with the Kite money borrowed from Peter to pay Paul. In my opinion the shareholders are being taken for a ride. I am sure the directors who resigned or left did very well. As this company does very little for the town itself I would rather see the receivers brought in to see what the reality of this company was. Having Tulla inject money into it means the mum and dad shareholders are again being put on the merry go round. And the town itself suffers by the speculation. In answer to your question if Tulla did not put money in NGX would cease to exist. If a horse breaks it's leg you shoot it.
NGX Price at posting:
7.1¢ Sentiment: None Disclosure: Not Held
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