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Hi Pangloss,

You have pretty much summed up Namoi, their ann's and any sort of talk about them on HC, both are very limited.

I believe the biggest problem with NAM is that they still run with the mentality of a cooperative, that being that their entire energy goes into working hard for the grower members and shareholders become the poor cousins.

They could potentially make a lot of money again, but they have as much chance of blowing lots more in another debacle like their previous futures stuff up.

I am back in as I am hopeful that the worst is over for them and that they may get back to paying some decent divi's sometime soon.

All the best, Mop.