Australia's largest stock trading and investment forum Australia's #1 stock forum

NCZ

Click for more information

0.00%

$1.10 new century resources limited

Ann: IN SITU EXPANSION STUDY DELIVERS STRONG VALUE ADD POTENTIAL, page-83

First 83 Last

Share
Profile

Follow
Bright30

3,703 Posts.

228

08/08/19

08:59

Post #: 39915559
Share

Originally posted by Bazplace ↑

When people were challenging me at the 47 cents level and calling for 59 cents in the short-term, I suggested waiting until prices got down to the mid-20s to enter this investment.

I was assaulted by Bright30 and others because they arrogantly knew better. and aggressively called me a short. I am a long value investor only and see value here in the sub-30s. Keep in mind we’ve had a 25% dilution in shares with the current CS capital raising.

This week may be a good entry point with the view to hold for 12-months - as zinc prices should begin to climb at the end of the year and rally in 2020. My target price was 90 cents before the dilution; revised to 67 cents now.

Expand

Mate chill no one assaulted you, i made it very clear i was holding for the bounce which happened from low 40 to over 50 cents.

Take a look at PLS GXY A40 a ton of stocks a hitting 52 week lows.

NCZ Price at posting: 28.5¢ Sentiment: Buy Disclosure: Held
2 Upvote

1 Great analysis

Reply

Top Stories

KAU

Kaiser Reef sets up $8M capital raising to boost expansion at A1 gold mine

MKT

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

WTC

A sex scandal is unlikely to hurt Australia's tech crown jewel – just look at trades

BTH

Bigtincan bounces 9% after $409M merger proposal sets stage for Nasdaq listing

Superannuation Essentials: Building Wealth for Your Retirement

There are more pages in this discussion • 19 more messages in this thread...

First 83 Last

Add NCZ (ASX) to my watchlist

SPONSORED BY