NBS 0.00% 9.9¢ nationwide building society.

Damo: thank my lucky stars you are not managing my money. There...

  1. 70 Posts.
    Damo: thank my lucky stars you are not managing my money. There are many examples of companies where a new product or technology takes longer than expected and which burn through cash requiring an equity raising. Some eventually get there - others dont. You have no evidence that NBS wont. yes we have all been disappointed by NBS and yes we'd all like to see the cashflow but at this point i'd suggest its time for you to let your issues go and give the company a chance. with respect your post that china is still in pilot project staus is incorrect (29 Apl) and an example as to why you should be ignored. in reality the project has been cleared and the JV is working on implementing it. this is more advanced than a pilot project. I dont want to get into an arguments as yes there are still risks but before you make comments on potential earnings I suggest you get your facts right. You have no real basis for your earnings forecasts. So I reiterate a prior post - it appears the negative campaign run by you and other detractors have only served to spread 'fear' and put investors off taking up the rights issue. TBE said theyre are short/sell at 7c. Looks like its you guys who have led them up the garden path.
    :)

 
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