AU1
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13.6% 2.5¢ the agency group australia ltd

nco investor presentation

  1. tukebay
    3,899 Posts.
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    27/01/12
    19:59
    Post #: 9606839
    Just finished reading the NCO investor presentation.

    Nothing really new on the Namibia/Eritrea front, however it does discuss a potential placement. This also isn’t new but there is greater clarity on the potential terms of the placement – 25 million shares at 20c for $5m.

    To put away a placement at 20c, the stock will have to be at least 25c, so that just about says it all – from 16 to 25 just for starters.

    Then wait for the info to flow from their 2 assets. The future is looking rosy.
    AU1 Price at posting: 16.0¢ Sentiment: ST Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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