I have just heard that NTG is going to privatise itself. With all the issues with be a public company and the ACCC ( which you can view on the ACCC website ), the two main directors Tony Hakim and Marry Fraid are going to privatise the company. After the 11c underwriting they did to be completed shortly they will have nearly 75% of the stock and force a takeover bid and then privatise it. Where did the $60m they raise go?
www.accc.gov.au Front page - ACCC institutes legal proceedings against NTG.
5c here we come then 0c. Another telco bites the dust.
- Forums
- ASX - By Stock
- NTG
- ntg - to privatise
NTG
national telecoms group limited
ntg - to privatise
-
-
- There are more pages in this discussion • 3 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add NTG (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
SER
STRATEGIC ENERGY RESOURCES LIMITED
David DeTata, Managing Director
David DeTata
Managing Director
SPONSORED BY The Market Online