NEW 0.00% 6.3¢ new energy solar limited

Ann: Acquisition of second Australian asset, page-5

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  1. 1,415 Posts.
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    Where are all the buyers? Very poor market depth... no volume to sell into if you need liquidity.
    Seems like a good company, with very secure revenues. I guess the issue is the large debt potentially needed for their acquisitions, and it appears to have a complicated business structure. With Aussie dollar down, could see better returns in the short term. If they keep on expanding and building their projects, could potentially continue increasing returns, but would be associated with more debt or dilution. Whats everyones thoughts on this one?
 
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Currently unlisted public company.

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