share price

I really don’t understand why the share price has not increased since the HOA announcement. from a balanced perspective, I can see several ways that investors can read this announcement.

At the most conservative they could say that NuSep only gets half of the US$20m cash contributed by ABS. On this basis the share price should be over 10c.

On a more realistic basis investors could say that we should account for the full $20m in cash as this is what is in the kitty. On this basis the share price should be 19c.

And finally if you are an optimist you could equally say that the 50% value of PrIME should be reflected in NuSep’s share price which would put a value of some 25c.

No shares have traded since the announcement - talk about going under the radar.