Hi Pangloss,You have pretty much summed up Namoi, their ann's...

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.