NAM 0.00% 77.3¢ namoi cotton limited

Capital structure change..., page-2

  1. 1,549 Posts.
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    I bought this one one around a year ago at about 26 cents. Recently I started thinking I should slowly sell my units at 35 cents as it is not that liquid, I've made some large gains on a one year hold, and all this restructure talk has been lurking for ages yet who knows if anything will really happen.

    I had a small sell order in the mid 30s today to start the process, but on reading the announcement cancelled it as soon as I could. I probably should have taken the next step of mopping up the scraps on the offer today. I think whoever decided to spend $40k on the stock around 35 cents today should do well.
 
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