NGS 0.00% 0.4¢ nutritional growth solutions ltd

Not at all, the quarterly numbers are stated in USD so it's...

  1. 166 Posts.
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    Not at all, the quarterly numbers are stated in USD so it's USD354k cash burn with only AUD400k available. I've also basically got out, just selling into any cheeky bounces that may happen now.

    Neat little trick they've used before playing the currency ambiguity. A company should choose one currency to state to market for everything.

    I'd say 99% chance it's game over. Perhaps TAKE cash was opportunistic and they have another play going needing a listed shell company to do it.
    Last edited by Norfolk101: 31/01/24
 
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