NAM namoi cotton limited

Capital structure change...

  1. 34 Posts.
    Finally!! After 2 years of waiting, it has begun!

    Was anyone at the meeting to hear more details? Rumors?

    From memory NAV was about $1.20.

    I would be very happy with a shareprice of .60 and a 3 cent annual dividend under normal weather conditions. Maybe I am being too pessimistic and a restructured price is higher? I anticipate that they will do a capital raise in conjunction with the restructuring so lots of moving parts.
 
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