midlifecrisis,
not too sure if I ever want to put ANY stock in my bottom drawer.
Definitely not a mining spec like NMG!
RSG management has been playing this game brilliantly for THEIR shareholders.
Worse case scenario NMG goes broke, as a majority note holder RSG picks up the mine, equipment, plant & all other exploration permits for a song. ($85m)
RSG got TOTAL control of the destiny of this company.
IMHO NMG shares are highly speculative. FPO shareholders got no idea whatsoever of the value of their shares right now. (how can you put a value on, if not even another takeover bit can eventuate because RSG already got control of the company without paying any premium!?!)
Bought into NMG @13.5c cut my losses @11c.
Was hoping for some competitive bidding for a producing miner with some very promising, undervalued assets & bad management.
Long term RSG (trading) holder
midlifecrisis,not too sure if I ever want to put ANY stock in my...
-
- There are more pages in this discussion • 7 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add ACF (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$1.12 |
Change
0.030(2.75%) |
Mkt cap ! $337.5M | |||
| Open | High | Low | Value | Volume |
| $1.09 | $1.14 | $1.09 | $775.7K | 696.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 20204 | $1.11 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.13 | 5077 | 2 |
View Market Depth
| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| ACF (ASX) Chart |