NCZ 0.00% $1.10 new century resources limited

Another dissatisfied investor here in NCZ. Has the new CEO made...

  1. 26 Posts.
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    Another dissatisfied investor here in NCZ. Has the new CEO made any sort of comments? I would hope that with a new start there could be a way out of this. The company has cash and trades at less than 1x its cash flows. It doesn't take a genius to realise that buying back at these levels is sensible. Or maybe Sibanye wants to drive the price down so they can privatise this on the cheap? Its too cheap to sell now, so I'll reluctantly hold on in hopes that the new CEO has some sort of plan. I need to remind myself to stop buying Aussie small cap resource stocks, mgmt is largely disappointing across the space.
 
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