NOU 8.00% 13.5¢ noumi limited

Ann: ASIC Proceedings Update, page-3

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 456 Posts.
    lightbulb Created with Sketch. 48
    $5,000,000

    That's it!?

    The SP was about $3.50 when a bit of the muck started being announced, i.e. CFO sacked, CEO on forced leave.

    When the trading halt was called the SP was $2.80. when the halt ended a few months later the SP opened at 18 cents.

    Market cap destroyed, investors lost millions.... and the fine is $5m !?
 
watchlist Created with Sketch. Add NOU (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.