NEW 0.00% 6.3¢ new energy solar limited

NAV is 1.58 and share price is 1.19. Can someone explain to me...

  1. 206 Posts.
    lightbulb Created with Sketch. 1
    NAV is 1.58 and share price is 1.19. Can someone explain to me why such a gap exists? Does this actually read as 1.58 of value for 1.19? Is this bargain territory or is there something else at play? Look forward to responses.
 
watchlist Created with Sketch. Add NEW (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.