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

NRZ

Click for more information

0.00%

0.5¢ neurizer ltd

Always good to see large institutional interests....... time...

First 12 Last

Share
Profile

Follow
Hitman31533

478 Posts.

152

20/07/22

08:13

Post #: 62620522
Share

Originally posted by J L: ↑

Hitman, you are a funny man. By "ticking along", are you referring to the numerous "ticks of approval"?

I am obviously missing something. I will give you my observations.

CNEGL, in Oct 2017 took up the forth tranche taking their investment to $20 million, 136,333,334 shares @ approx. $0.147 per share. And with it came a voting power of 32.78%.

Same number of shares, and voting power is now 12.96%. That is massive dilution and loss of voting power. See IW's above post.

The current value of their holding is about $22 million, not a great increase over five years.

If any of the above floats your boat, so be it.

Now if we speculate a little, i.e. if the share price reaches about $0.33 per share at about the time of commencement of construction (mid 2023), using the 72 rule, CNEGL will double their money at an annual interest rate of approx. 12.00%.

This is not too bad. What say you Hitman?

Expand

Always good to see large institutional interests....... time will tell... CYA soon

NRZ Price at posting: 15.5¢ Sentiment: Hold Disclosure: Held
1 Upvote

0 Great analysis

Reply

Top Stories

CKA

Deal with Petrosea opens the door for Cokal's ramp-up plans in Indonesia

Second Christmas for 2024 coming to Kalgoorlie: Diggers & Dealers starts Monday

MND

Albemarle lithium downsize burns $200M hole in Monadelphous's pocket as latter's contracts terminated

A Super PITch is key in the competition for capital

KAI

Pilbara Minerals buys land off Kairos part of its York gold project for $20M – and a 2% royalty on any PLS gold sales

There are more pages in this discussion • 12 more messages in this thread...

First 12 Last

Add NRZ (ASX) to my watchlist

(20min delay)
Last 0.5¢		Change 0.000(0.00%)		Mkt cap ! $9.512M

Open	High	Low	Value	Volume
0.0¢	0.0¢	0.0¢	$0	0

Buyers (Bids)

No.	Vol.	Price($)
1	150000	0.5¢

Sellers (Offers)

Price($)	Vol.	No.
0.3¢	270000	1

View Market Depth

No.	Vol.	Price($)
1	150000	0.005
31	15564843	0.004
41	34022196	0.003
32	205261579	0.002
17	169400000	0.001

Price($)	Vol.	No.
0.003	270000	1
0.004	3005000	2
0.005	15599540	7
0.006	2306201	5
0.007	1641000	2

Last trade - 16.12pm 01/08/2024 (20 minute delay)

NRZ (ASX) Chart

Day chart unavailable