As l have been saying ladies and gentleman - the company has a sound and prosperous future. In my opinion, the re-rating has just got off the platform. The rebel shareholders decimated the share price below 10 cents which was extremely poor form. I am happy as l accumulated a top 10 shareholding in the process.
There is an MOU on the table including 20 million cash - if NSP becomes a takeover target then 20 cents a share will be hit real soon.
Watch this space - NSP was one of the top performers on the entire ASX today. My expecations is a rocket style liftoff as l cannot see any reason for anyone to sell at these prices.
MEM Price at posting:
6.0¢ Sentiment: Buy Disclosure: Held
