Monsterstock, I would like to believe that but its total 80 million dollar CR with Neptune Shareholders getting the first 60 m. I was at the Perth meeting today, it was denied NM had ever defaulted on a loan payment as mentioned. The NTA is 4.3 cents not 5 cents. Some of the ships being sold had sat there costing 2 million a year with no income. Its also been denied they knew they were going under or couldn't pay loans before that muppet CL made his OCT anaouncement that seemed positve. I am going to buy another 10k worth based on the meeting. Seems ok long term and fine if the ships and businesses sell soon, just terrified of the opening price being lower if the stock opens up Mar8 than 5 cents.
NMS Price at posting:
8.4¢ Sentiment: Buy Disclosure: Held