Sure account that has magically appeared with zero history.
Management pulls a rabbit out of the hat last year in Q3 with a solid financial result and OCF+ position... decide to laden the company with debt that seems highly unlikely to be secured given the EV of the business is effectively zero, raises capital in December at a significant discount, seems unable to actually stabilise the ship, and is now raising again 4 months later at a discount likely -70% of the previous raise.
Actions speak louder than words, and it's clear this mob have got no idea.
Aside from that, all looks hunky dory for a tax write off.
- Forums
- ASX - By Stock
- NNG
- Ann: Trading Halt
Ann: Trading Halt, page-11
- There are more pages in this discussion • 12 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
(20min delay)
|
|||||
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