We can't expect to much to soon as I can only imagine taking over is not a days work. I would expect that a 2nd battle has started as they secure records , bank details and various assets etc. Remember these guys have fought a vicious battle to unseat the previous board and would be I assume firstly responsible to report their findings to Mr Zhang and the WBT shareholders first , so it may take more than a week or so before we may know anything of substance. Other issues will be assessing what improvements if any have been made since June last year . Given the previous MD statements he made at the last NXR AGM I wouldn't believe a word that came from him as he never backed up any comment made . So my view is he's full of shite until proven otherwise. Or more reliable evidence would of been provided. I think we are dam lucky the LGS Xavier Rob team managed to pull off and dislodge these blood sucking parisites as I'm told 95% of the time a win to unseat an entire board is unlikely . That fact that they haven't rushed out to rant and rave indicates a methodical approach is being undertaken. Now a close relationship with NXR is the best outcome in two years. Well done guys. I think in future we will have more regular transperant updates that will have substance.
NXR Price at posting:
2.0¢ Sentiment: Hold Disclosure: Held