It's an absolute disgrace that our share price is sitting in the mid 6 cent range!!!
I was a strong supporter of Cottee and even wrote to him afterwards pledging our shareholding support. Not that it is worth much these days.
There were a lot of accusations flying around at the time of the ousting of Cottee, but in hindsight a farm out agreement for Echuca Shoals based on Cottee remaining was not unreasonable. At least we would have seen some progress on that asset.
Instead we're stuck with gonna be great assets sitting there doing nothing for us!
The only people that are making a fortune from this company today are those that work there. Susan's salary is an absolute joke for the financial position our company is in. Not sure how much space these guys are leasing and cost, but if it is prohibitive I also agree that they should move to a cheaper location.
Our dwindling cashflow is a major concern and selling off the farm to meet admin and other costs is not going to do anything for the share price.
I know the market has not been kind to small caps, but if that's the case we need to question why we don't have a caretaker team keeping costs down in place until the climate is right again. Right now our cash is dwindling at a very concerning rate and Longtom is supposedly at full production again at revised terms.
Credit to those that kept to their guns and warned the rest of us when the stock was supposedly cheap at 12c!
A very frustrated and angry holder with only myself to blame!
A Robert
- Forums
- ASX - By Stock
- a 'look through value' example
It's an absolute disgrace that our share price is sitting in the...
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add NXS (ASX) to my watchlist
(20min delay)
|
|||||
Last
27.5¢ |
Change
-0.010(3.51%) |
Mkt cap ! $75.96M |
Open | High | Low | Value | Volume |
26.0¢ | 28.0¢ | 25.0¢ | $47.65K | 184.0K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 2084 | 27.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
28.0¢ | 6948 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 2084 | 0.275 |
1 | 2000 | 0.270 |
1 | 7500 | 0.265 |
2 | 42938 | 0.260 |
1 | 25000 | 0.250 |
Price($) | Vol. | No. |
---|---|---|
0.280 | 6948 | 3 |
0.285 | 14524 | 2 |
0.295 | 12589 | 2 |
0.300 | 32437 | 1 |
0.305 | 7749 | 1 |
Last trade - 11.56am 30/07/2024 (20 minute delay) ? |
Featured News
NXS (ASX) Chart |
The Watchlist
MTL
MANTLE MINERALS LIMITED
Nick Poll, Executive Director
Nick Poll
Executive Director
SPONSORED BY The Market Online