The great mystery is how it got to a $200m market cap and sat around there for over 2 years when it was a one trick pony with a very binary outcome just like all my other penny stocks which have market caps of $5m.
This is why we have to back the man Kenneth Charsinsky. He clearly has some positive deal making skills that others dont. He is also clearly not in the same awful league as the Mortimers and Palermo's of the world, and why I think this company should not be written off.
Albeit we are in the famous death spiral lower at the moment, that needs a catalyst to be broken out of. the annual report alluded to all parties getting together very shortly, and an announcement shortly after.
GL
- Forums
- ASX - By Stock
- NEN
- please explain
please explain, page-4
-
- There are more pages in this discussion • 22 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
NVA
Nova locks in NASDAQ US market listing at a value of only US$3.3M as ASX gets quieter and quieter
MND
Monadelphous inks $200M contract with Woodside to help build Pluto LNG – but will it make Scarborough cheaper?