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0.00% 6.3¢ new energy solar limited

Ann: Weekly NAV Estimate, page-10

  1. arnie22
    199 Posts.
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    19/08/21
    21:01
    Post #: 55427478
    Can someone please explain to me this company's business model (I'm genuinely confused). Seems like they pay top dollar for assets and then sell them at mediocre prices and don't make money.

    The book value is enticing, but I don't see how they are going to turn a profit.
    Last edited by arnie22: 19/08/21
    NEW Price at posting: 81.0¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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