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0.9¢ neurizer ltd

Ann: Private Share Placement, page-60

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Legman

2,175 Posts.

342

17/05/23

20:36

Post #: 67830195
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Originally posted by Suni: ↑

I think this is another example of a project too big for a minnow to deliver.

The Russian conflict and subsequent surge in the urea price aligned the stars perfectly for NRZ.

Management talk the talk over the years but have been exposed in the truth telling stage. 0.059 cents is nothing short of a complete disaster and as you correctly say most probably another CR to follow. The cash burn is at the point $1M raises do not last and each CR droves home the reality that management have completely lost control of this one.

The idea was great. Most things were there but the size and complexity have been too large. Throw in filthy conduct like turbines that just never turned up? Clearly management have 0 credibility now and this ship is going down IMO.

Absolute slim chance of success moving forward. High risk, we all knew the risks.

GL everyone and don't worry we will make it up on the next one.

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^re your comment "... don't worry we will make it up on the next one."
Are you referring to MTN - LCK - NRZ - ???(?)
Back door or Deed of Company Arrangement?

NRZ Price at posting: 5.9¢ Sentiment: Sell Disclosure: Not Held
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(20min delay)
Last 0.9¢		Change 0.000(0.00%)		Mkt cap ! $17.12M

Open	High	Low	Value	Volume
0.9¢	1.0¢	0.9¢	$77.92K	8.643M

Buyers (Bids)

No.	Vol.	Price($)
1	116414	0.9¢

Sellers (Offers)

Price($)	Vol.	No.
1.0¢	870790	6

View Market Depth

No.	Vol.	Price($)
1	116414	0.009
12	4065611	0.008
6	5204968	0.007
3	2200000	0.006
4	3897010	0.005

Price($)	Vol.	No.
0.010	870790	6
0.011	583000	4
0.012	189921	2
0.013	43307	1
0.014	42500	1

Last trade - 14.03pm 11/07/2024 (20 minute delay)

NRZ (ASX) Chart