From the last cash flow report, NAG had cash to only carry on until the end of April. 6 weeks away.
Next CR to be priced at sub 1.0c, and even then, it will most likely be another failure.
Credibility << zero.
The kindest thing that could happen to NAG is to go into Administration with the best option some kind of deal with SXG, noting that SXG has right of first refusal over NAG assets. Whether SXG would be interested is another matter.
All NAG directors to get the Royal Order of the Boot, with bar and cluster
From the last cash flow report, NAG had cash to only carry on...
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Last
0.9¢ |
Change
-0.002(18.2%) |
Mkt cap ! $7.17M | |||
| Open | High | Low | Value | Volume |
| 1.0¢ | 1.0¢ | 0.9¢ | $3.279K | 342.1K |
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| No. | Vol. | Price($) |
|---|---|---|
| 8 | 1342383 | 0.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.1¢ | 373001 | 2 |
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| Last trade - 15.08pm 21/06/2024 (20 minute delay) ? |
| NAG (ASX) Chart |