At the annual meeting I went to in 2015 they said they would not need to borrow or have a cash raising to fund the expansion into the USA market.
That story was believable then and then they obviously recently decided they needed more cash ontop of the very good Aussie profits for what exactly was not really explained.
Can someone explain it better for me and will the next results reveal.all in the form of accelerated sales revenue above accelerated sales expenses or what can we expect which has been explained and misunderstood by me. Don't get me wrong I still love NEA but I'm trying to understand the knowledge gap I'm experiencing at the moment.
NEA Price at posting:
53.5¢ Sentiment: None Disclosure: Not Held