@Paccman Point 10. Selling the DC might be an option at some point. It has a carrying value of $300k and a replacement cost of $12M so there's equity in the asset.
I'm not sure what revenue/profit is generated from Nexion's Belmont DC, but surely it makes much more sense at this juncture to sell this to fund acquisitions/working capital and avoid the need for a dilutionary raise at what appears significantly undervalued prices.?
- Forums
- ASX - By Stock
- NNG
- Ann: NNG Business Update
Ann: NNG Business Update, page-22
-
- There are more pages in this discussion • 3 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add NNG (ASX) to my watchlist
|
|||||
Last
2.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $4.046M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Featured News
NNG (ASX) Chart |
Day chart unavailable