So we sign a funding agreement with Bergen Asset Management in December 2021 which saw nothing but overhang for 2.5 years; as soon as the shares were drawn down on, they were dumped into the market.
This was the major contributor to the share price going from circa 25 cents to 0.001 cents. To cut a long story short a rich New Yorker got even richer, shareholder equity was eroded, and for good measure senior executives at NRZ were somehow pocketing salaries and bonuses in excess of 1 million per annum.
Anyway, the termitting finally ends with the remaining 400,000,000 shares being dumped in April and May. The reign of terror is finally over and the share price begins to recover. It rockets to 1.7 cents, yes, I repeat, it 'goes to the moon' - 1.7 CENTS... Perhaps the most perplexing part of this unfortunate saga is that the Regulator sees it in their wisdom to issue a speeding ticket for the 1.7 cent moon landing!
You couldn't make this stuff up, but if you're a long term NRZ shareholder and not in a straight jacket, you're doing well.
- Forums
- ASX - By Stock
- NRZ
- Ann: NeuRizer Corporate Update
Ann: NeuRizer Corporate Update, page-28
-
- There are more pages in this discussion • 56 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
KAI
Pilbara Minerals buys land off Kairos part of its York gold project for $20M – and a 2% royalty on any PLS gold sales
AVH
Avita boosts skin restoration product portfolio with 'dermal matrix' – a kind of next-level gauze made of fake skin
TG1
TechGen Metals kicks off airborne geophys survey at Sally Downs copper play – a first for the permit
Add NRZ (ASX) to my watchlist
|
|||||
Last
0.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $9.512M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 150000 | 0.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.3¢ | 770000 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 150000 | 0.005 |
31 | 15539843 | 0.004 |
37 | 30119863 | 0.003 |
33 | 206486579 | 0.002 |
19 | 179900000 | 0.001 |
Price($) | Vol. | No. |
---|---|---|
0.003 | 770000 | 2 |
0.004 | 12210000 | 5 |
0.005 | 14401848 | 7 |
0.006 | 1908009 | 3 |
0.007 | 1641000 | 2 |
Last trade - 16.12pm 02/08/2024 (20 minute delay) ? |
Featured News
MTL
Mantle Minerals' Nick Poll talks to HotCopper on finding gold grades up to 3.57g/t at Mt Berghaus
TG1
TechGen Metals kicks off airborne geophys survey at Sally Downs copper play – a first for the permit
AVH
Avita boosts skin restoration product portfolio with 'dermal matrix' – a kind of next-level gauze made of fake skin
NRZ (ASX) Chart |
Day chart unavailable