NBS 0.00% 9.9¢ nationwide building society.

Ann: Market Update , page-5

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  1. 212 Posts.
    Gil

    I dont think the next couple of months will make or break they seem to find ways to survive without actually making any $.

    If the IPO had proceeded they would have put money back into NBS which they originally got from a placement. this will allow them to survive another 12 months.

    In my opinion its looks like they are trying to get the placement money back into NBS via the IPO.this way they NBS survives and everyone gets their salary off the money that was recyled without actually selling anything.

    That is just my theory because I dont understand why the quick change of tact towards Trustdefender. It was supposed to be money making transaction why try to offload it?
 
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