Given that the last half a dozen 'exciting phases of global growth' have taken it from 40 cents to 4 cents, this should be interesting. Maybe they can make 2 cents? (Sarcasm intended)
Appointment after appointment, partnership after partnership, distribution channel after distribution channel, award after award................ and then it just keeps failing. Something very wrong here IMO.
Our mate Hoytaedwardo will be sitting back smirking, quite deservedly.
Yes, maybe it can turn around. And do what? Go from 4 to 10 cents over the next 2-3 years? Maybe 4 cents to 20 cents. Great for the 4 cent buyers. NET will be the darling of the sector. Forget about IWG. Past history suckers. We changed the name and now have a stock that started at 4 cents, not 72 or more when it was MYA (before the conversion).
However, given the outcomes over the last few years the most likely outcome is they will just go broke, as H predicted so long ago. Bit of a shame really. This did seem to be a convincing prospect. Wasted opportunity perhaps?
NET Price at posting:
3.9¢ Sentiment: Hold Disclosure: Held