NAM 0.00% 70.0¢ namoi cotton limited

Ann: Namoi receives non-binding indicative offer from LDC, page-14

  1. 10,257 Posts.
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    38c here but traded a few parcels to bring that down- but tell me you are a newcomer to this stock and you think you're an expert on the value -just because it was trading low! -like for example, the replacement value of those gins, and they are a necessity , or at least most of them

    plenty of money to be made in ginning by a well run company which this has rarely been!
    Moreso in so called normal years where wet weather hadn't been an issue along with high electricity prices -also when major dam storages are not empty!

    the biggest dampener on the value, or NTA I see, is how much the grower shares will be bought out at
 
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