oooop's...........going down?, page-22

Not so fast Richeee!
you seem to be forgetting that this stock has been sold down to these levels for very good reasons around poor performance and disclosure.
Holders of this stock are rightly frustrated at the lost or deferred contracts and non payments from major debtors and the general pall of suspicion eminating from possible related party dealings.
Even so the current stock price of 8c still values the company at around $40m!!
There are plenty of attractive stocks on the ASX trading at far lower market caps than NBS - many without any of the inherent problems faced by this stock.
Remember the company has no significant contracts or cashflow and will logically, based on its current cash burn, need to return to the market for more capital in the very near future.
This alone will likely send the SP lower as the company tries to encourage investors to support any future placement.
Personally i think the market is actually pricing in a lot of positive assumption and is generally allowing this company the benefit of every doubt.
At some point, unless the company starts to deliver on its early promise soon, the SP will need to drop sharply to reflect a value well south of its current levels.
Whether or not this happens is the 64m dollar question but the ball is firmly in the court of those running the company - Young/Dykes and co - and has been for well over 12 months now with very few encouraging signs.