NEN 0.00% 22.0¢ neon capital ltd

mc $31m, cash ~$3m - asset value is?

  1. 3,640 Posts.
    lightbulb Created with Sketch. 225
    Okay, looks like consensus 18 million cash reported in the last quarterly minus 15 million for the duster means there is most likely $3M cash left at most.

    Subtract duster overtime and administration fees etc so probably more likely $2-$2.5 cash at EOM.

    Are the NEN assets worth $28.5M or more or less?

    That is the key question that will dictate SP.
 
watchlist Created with Sketch. Add NEN (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.