NEN 0.00% 22.0¢ neon capital ltd

bad news, page-5

  1. 459 Posts.
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    This announcement is disappointing in a number of ways. Apart from the actual result and decision to plug and abandon, it has not given actual carbon dioxide readings.

    Will Neon have more info to give...........

    The last part of the announcement is so much like Neons block 120 announcement that it just removes credibility, appears they say that at the end of each bad announcement..........

    My position re this stock has to change to a sell, no choice, the recovery re this will be long and difficult. They will need to suck in new investors prepared to part with their cash........at what price will a capital raising be now?
 
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Currently unlisted public company.

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