NRU 0.00% 5.5¢ newera resources limited

asx please explain

  1. 3,132 Posts.
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    Hello, the ASX has asked how the company is going to continue considering it's dire financial position?
    Their response is unbelievable, if the ASX accepts what the company secretary has submitted then i bloody give up.
    In short, Newera has stated that they are reviewing options for raising additional working capital, please tell me how they are going to do that as no bloody shareholder or institution is going to place any further cash in this dog considering the company's management to date?
    The only option to raise any cash is for the Directors to place some of their own cash into the company to keep it afloat, otherwise don't turn up Monday as the lights will be out and the door locked!!!
    Sentiment:- HOLD because they are worthless!!!
 
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Currently unlisted public company.

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