Hoping It's Not A Repeat Some here will remember that NSU share price started to sell-off sharply days before the news that they were having real trouble at Bisha and dividend cut announcement. It was clear that news was told to some before going public IMHO. That was the first of several setbacks.
Now we see the same pattern days before tonight’s news release and tomorrow’s conference call. To think this hasn’t happened again is foolhardy IMHO, especially when Treblicock is still their IR point man.
My hope against hope is, it’s mainly just been leaked the dividend is being killed and its funds selling who can’t own shares now in non-dividend paying companies. That’s the only negative that I believe won’t be long-lasting.
Not even Tony’s pom-poms can save another negative surprise.
Fingers, toes and all body parts are crossed!