This announcement is nothing special. What NAL needs is commercial deals with $s attached.
For those that are too lazy to do some basic research it is clearly stated in their announcements that they intend to raise $3mill with Shadworths (capital raising) within this month.
This price action may give NAL some levearage to get a better price (maybe not?).
The will still augment their funding requirements from their approx $18mill credit facility.
But NAL must come out now and show me the $$$$$ before I ever get excited with this company again.
- Forums
- ASX - By Stock
- get out now
This announcement is nothing special. What NAL needs is...
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)