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0.00% 2.0¢ niuminco group limited

Someone correct me if I’m wrong but I don’t think they had any...

  1. jimmydubs
    100 Posts.
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    30/05/18
    11:51
    Post #: 33372160
    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..
    NIU Price at posting: 0.2¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 4  Upvote
    lightbulb Created with Sketch.  Great analysis
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