Our last trading price in AUD was $0.001 which is 0.00279PNG Kina. Multiply that by 20 to get our post consolidation value (in theory) and we are valued at 0.0558PNG Kina, and I think our MC was around AUD$3.5mill before suspension. I expect it will open much lower than that as people find a way to bail out, so the question becomes do punters see value in the company at less than AUD$3.5mill with increasing production of around AUD$140k for the quarterly. And who will actually find us on PNGX?
NIU Price at posting:
2.0¢ Sentiment: Sell Disclosure: Held
