Don't mistake my comments for anything but my concern your board has not done it's due diligence on the sale of it's kookynie asset.
Nothing more nothing less.
I'm not sure how you come to the conclusion they have "cashed in" on the gold asset. If you looked at the financials of NEX you could well assume they have some very serious financial problems. For IR1 to cash in on anything they need some one bold enough to buy NME shares.
Looking at the buy side of NME there ain't many lining up.
Ann: Sale of Kookynie Gold Project, page-19
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Last
26.5¢ |
Change
-0.010(3.64%) |
Mkt cap ! $35.78M | |||
| Open | High | Low | Value | Volume |
| 27.0¢ | 27.0¢ | 26.5¢ | $7.921K | 29.85K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 19772 | 26.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 27.0¢ | 23124 | 1 |
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| Last trade - 15.43pm 16/07/2024 (20 minute delay) ? |
| IR1 (ASX) Chart |