Australia's largest stock trading and investment forum Australia's #1 stock forum

NIU

Click for more information

0.00%

0.1¢ niuminco group limited

pause in trading, page-8

First 8 Last

Share
Profile

Follow
col69

5,445 Posts.

512

28/02/19

13:57

Post #: 37603829
Share

Originally posted by Qwerty1992 ↑

It really looks like the directors are wanting a cheap share price to buy a bigger market share imo, so I’m still concerned.

Imo they should consolidate the share price 5-1 and do a raise, although I’m still confused on why they need a raise at this point.

They can expand after they have proven that they can get gold out of the ground, another raise is going to just dilute everyone’s market share. Before they put that raise out I was just about to buy another .25 percent, at that point I sold .67 percent, so my faith as gone in this company.

All i can say now, is we need new management next financial year, although under new management it’s going to take time for the management to make new plans, not to mention they might just do the same thing as the current management.

Expand

It really looks like the directors are wanting a cheap share price to buy a bigger market share imo, so I’m still concerned.

???? I'm confused @Qwerty1992

It doesn't get any cheaper than 0.001 where we sit now ... lol

NIU Price at posting: 0.1¢ Sentiment: Buy Disclosure: Held
2 Upvote

0 Great analysis

Reply

Top Stories

WC8

Pan Asia rebranding to 'clear confusion' after bagging $35M for Chile projects

ACW

This biotech stock raised $11M in a risk-off environment. Its Alzheimer's drug could change the game

Ice-cold winner: Cryopreserver Vitrafy escapes November's IPO struggles to end debut week higher

Dale Gillham's weekly wrap: Bold moves in NZ, caution in Australia

HotCopper Highlights: Your most watched stocks for Week 48, 2024

ADD

Parkes Au-Cu project to 'transform' Adavale Resources with key targets

Week 48 Wrap: ASX flirts with 8,500pts; APRA declines mortgage loan easing; Trump's Bessent tied to Dem donor

MIN

MinRes's Ellison knows he screwed up – for that reason, hunt for new Chair to be sped up

RSG

Resolute shares bounce back as second payment made to Mali government to secure workers' release

History-making uranium sample grades and an imminent drill run. Infini Resources is poised to transform in 2025

There are more pages in this discussion • 13 more messages in this thread...

First 8 Last

Add NIU (ASX) to my watchlist