NEW new energy solar limited
Add to My Watchlist 0.00% ! 6.3¢

Insanely cheap

  1. NotthatWarren
    1,816 Posts.
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    14/04/20
    15:00
    Post #: 44034583
    This stock is either insanely cheap or there is something amiss.

    The last presentation said that similar funds are trading in USA and UK at a premium yet the Aussie fund is massively under NTA.

    They also stated a goal was to pay dividends out of profits which was concerning - it implies they still aren't being funded by operations but capital.

    There is a big upswing in NTA due to currency movements.

    What are peoples thoughts on this stock?
    NEW Price at posting: $1.00 Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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