NGI 0.00% $1.66 navigator global investments limited

anyone know why stock down 40%, page-7

  1. 1,391 Posts.
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    There is a margin call I understand. Downing spiral triggered by selling.

    Article in today's fin review has wrong figure (order of ten time less than correct figure)for funds under management.

    Resignation of director is old news. He hasn't been attending meetings for over a year. Just a formality finalised.

    Principals and connections with coy have been buying recently at much higher levels.

    I am hoping for an announcement before the start of trade tomorrow to create a bounce. I bought today at .085.

    Company very sound from what I hear. Redemptions v low plus continuous inflow.



 
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