NSE 0.00% 0.4¢ new standard energy limited

Ann: Company Update - Funding and Assets, page-8

  1. TBE
    3,734 Posts.
    So they're going to raise capital and sell assets.

    Best case scenario is a new JV or total sale in the canning pops the SP to about 10c and then they raise 5-10m through a placement.

    Knowing NSE, they'll probably do it the other way around.
    Tremendous destruction of capital.
 
watchlist Created with Sketch. Add NSE (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.