Well, …. Yes, actually. Now that you say it, we do have some idiot shareholders. (You asked!) They have scared off all and sundry potential investors who might have given some consideration to Nusep. After gleeful orgies of continuous company trashing for 12 months they keep complaining that that no one wants to buy NSP and then they blame management!
Hey, have you heard of the little girl who kept complaining about the pain of the thistle she was sitting on but was too lazy to get off?
It seems not to matter what NSP management does and these shareholders will find a way of arranging the data to construct dark castles in the air so as to infer bad motives at every turn. Raising loans is not acceptable, making a placement at 7c is supposed to be too low (expect a placement at 10c?), buying an essential, as new, S$15 M certified medical plant in Singapore for S$6 M is also a bad deal. How should one ever expect NSP to make any progress? You pretend your desire is for the company to do well while simultaneously undermining their every effort.
Mr Eu (15%) clearly does not read HC and has slipped through your fingers. Perhaps you should warn him directly by writing to him.
A bit more conspiracy: Hey, who are you blokes really working for? Is it the big fractionators. Is this their way of keeping the mammoth snowballing world conquering Nusep out of South East Asia? You couldn’t have done it better, and all with a straight face.
Juke
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