NIU 0.00% 2.0¢ niuminco group limited

Buyers drying up . . ., page-14

  1. 100 Posts.
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    Someone correct me if I’m wrong but I don’t think they had any ‘debt’. It mentioned 6k that was extinguished by shares.

    My guess is the bank balance went to 0 before this placement so one of the sophisticats lent them 6k to pay a bill or 2 till it happened.

    Fingers crossed this was a small placement because it’s the last..
 
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Currently unlisted public company.

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