NAM 1.41% 72.0¢ namoi cotton limited

Ann: Namoi receives non-binding indicative offer from LDC, page-5

  1. 1,250 Posts.
    lightbulb Created with Sketch. 249
    NTA is 71 cents. This offer of 51 cents is way under the NTA. Why wouldn’t the company just liquidate the assets if They are an accurate reflection of market value. Leaving 40% of the value for LDC to pick up is not a logical board decision.
    https://hotcopper.com.au/data/attachments/5770/5770394-d32f68dfa8c5cfb5a149a4b3ef26b8c7.jpg

 
watchlist Created with Sketch. Add NAM (ASX) to my watchlist
(20min delay)
Last
72.0¢
Change
0.010(1.41%)
Mkt cap ! $147.8M
Open High Low Value Volume
71.8¢ 72.0¢ 71.8¢ $14.43K 20.07K

Buyers (Bids)

No. Vol. Price($)
1 15000 71.5¢
 

Sellers (Offers)

Price($) Vol. No.
72.0¢ 10966 1
View Market Depth
Last trade - 15.28pm 16/08/2024 (20 minute delay) ?
NAM (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.