"..The shareprice remains at 45c. That's the value of shareholder's asset.."
Another example of self delusion. Frozen funds are worth nothing until they are unfrozen. Each additional day of suspension reduces the probable value of the NKP sp. It also increases the probability of a cap raising at a large discount.
My guestimat remains that NKP will trade day 1 at about 22cps and a cap raising will follow at about 6cps. Both values, imo, far too high, alhtough will probably be supported for a short time by self deluded retail investors. Good luck all.
- Forums
- ASX - By Stock
- NKP
- article/some similarities to nkp case
article/some similarities to nkp case, page-11
-
- There are more pages in this discussion • 114 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)