NEN 0.00% 22.0¢ neon capital ltd

If they need a cash topup there's no point in waiting as the...

  1. 8,926 Posts.
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    If they need a cash topup there's no point in waiting as the market will punish the sp if it knows/suspects NEN is unfunded in the near term.

    They should go into trading halt Monday morning, get the brokers on the phones to the sophs etc, and sell them on near term US drilling and woteva spin they can put on the other assets.

    Then they can resume trading with funding in place for a US drilling program.

    Then the CEO can go on BRR as he'll actually have something worthwhile to say.

    Disclaimer: I've only followed NEN since yesterday....
 
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