The NOM for the Alcidion transaction must be due any day now? Just waiting on regulatory approval at this point.
Hold on for the ride when the NOM does issue....I would suggest that there are a LOT of buyers waiting for this notice before investing with the certainty that this will provide.
From the Company's Quarterly Activities Statement released on 30/10/2015:-
"TRANSACTION UPDATE
The Company is pleased to confirm that it has now completed the third party valuation report required to be included in the upcoming Notice of Meeting for shareholders to approve the acquisition of Alcidion Corporation Pty Limited (Alcidion), as announced 18 August 2015. The Company is in the final stages of preparing the Notice of Meeting and will dispatch to shareholders once all regulatory approvals are received. The Company is targeting completion of the acquisition mid‐late December."
NRR Price at posting:
7.6¢ Sentiment: Buy Disclosure: Held