I'm going to protest with my vote for sure. If this sort of "other people's money" culture takes root at NST then it is the beginning of the end.
It is not clear how this VRX deal fits with the much-spruiked medium\long-term strategy at all. We just wasted $11m that could have been spent on developing our good prospects.
Down the track, BB needs to be very careful not to fall into the trap where he feels obliged to prop up this very bad investment with more cash, in the vain hope that he will be able to protect the $11m he just handed over.
If they come for more cash, BB, just bail. We'll forgive you if you keep managing the gold mines properly.
I'm going to protest with my vote for sure. If this sort of...
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Last
$14.24 |
Change
-0.060(0.42%) |
Mkt cap ! $16.36B | |||
| Open | High | Low | Value | Volume |
| $14.44 | $14.44 | $14.16 | $46.27M | 3.241M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1814 | $14.24 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $14.25 | 6782 | 2 |
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| Last trade - 16.10pm 14/08/2024 (20 minute delay) ? |
| NST (ASX) Chart |