NEW 0.00% 6.3¢ new energy solar limited

Insanely cheap

  1. 1,664 Posts.
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    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?
 
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Currently unlisted public company.

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