I contacted Gary (MD) again to enquire about management's plans to market/promote NAE so the general market can correctly value it's assets (clearly this is missing at the moment). He's planning a broker roadshow in April, together with an updated company presentation to raise NAE's profile. The Board's thinking on Lochinvar is a JV to develop the project if a sale of this asset doesn't eventuate over the coming months - a strategic meeting is planned in the UK for June to discuss these matters. Gary also mentioned their financial situation is reasonably healthy so a CR would be highly unlikely this year, especially given the current share price (he's projected they'll still have around $700k in 12 months time). Crazy shareholders selling at the moment with expected newsflow, I would be buying more shares at the current price if I had spare funds.
Cheers,
MM
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Last
0.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $7.175M |
Open | High | Low | Value | Volume |
0.4¢ | 0.4¢ | 0.4¢ | $6.841K | 1.710M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
14 | 19090007 | 0.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.5¢ | 23457436 | 27 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
13 | 18090007 | 0.004 |
29 | 16568389 | 0.003 |
17 | 24960099 | 0.002 |
12 | 41200000 | 0.001 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.005 | 19664594 | 26 |
0.006 | 10411140 | 10 |
0.007 | 5640733 | 6 |
0.008 | 2900000 | 4 |
0.009 | 2354709 | 15 |
Last trade - 15.52pm 16/08/2024 (20 minute delay) ? |
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NAE (ASX) Chart |