NCZ new century resources limited
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News: NCZ New Century Resources Says FY Net Loss Attributable A$28.3 Mln, page-6

  1. DAM-141
    578 Posts.
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    30/08/22
    09:38
    Post #: 63399157
    I guess there is a benefit with hedging in place. Stops the company's entry into the ASX300.

    Why would the board want to be in the ASX300 as there would be more funds / analysis's looking at the books in a forensic way. ($95 to $35 million in two months)

    Very smart.

    Notice they've all received pay rises.

    Very smart indeed.

    NCZ Price at posting: $1.77 Sentiment: Sell Disclosure: Held
    Likes Created with Sketch. 4  Upvote
    lightbulb Created with Sketch.  Great analysis
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