Well, the NTA took a hit of about 1.8 c/s as expected.
I am sure this won't faze these guys as they go on building
It's not money they have to find of course.
How they deal with the NTA of a heap of low cap companies is a mystery to me.
They can't use what they paid for them but must somehow sort the tangibles out.
Somehow I doubt NTA works well, or even at all, with these.
I doubt we'll see what they paid for them and what they assess individually as their NTA.
The safer view is they don't contribute much to the NTA, and it's only the established ones that count.
Hopefully Ron, at least, knows what he's doing.
The nice bonuses paid to **riel must mean he likes what's going on.
We'll see.
MVT Price at posting:
17.0¢ Sentiment: None Disclosure: Held
