NGX ngx limited
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too harsh?

  1. Patient
    2,477 Posts.
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    19/02/11
    09:07
    Post #: 7919046
    Raised $16m in a "private placement" of 22.22m shares (11%) @ $0.72AUD to complete new works and improvements.

    That's a pretty strong commitment.

    Solid shareholder base.

    Company announcement seemed realistic addressing past problems and seemed positive for the second half.

    Be interested in the thoughts of any long term holders whether management can turn this around.

    cheers





    NGX Price at posting: 75.0¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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