NSC 1.15% 43.0¢ naos small cap opportunities company limited

Sold for $13m- now trading at $63m...what am I missing?, page-11

  1. 4,783 Posts.
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    It is nearly $2 now. So thats $84m market cap. Less the $4m they raised that's $80m, we sold for $15m

    In cents per share I think this is 56cps we sold for 10cps

    I just watched this video http://www.switzer.com.au/video/george-20161003/ fast forward to 1m20s if you want to be excited about the future and upside and potential for this "new" fund manager and the new products they are going to launch

    If that value was realised by CTN Board, as they said they would (just like when they bought Bellweather and half of Switzer funds management) the NTA would have been at least $1.75 not $1.30, with a share price at $1.15....subject to another round of dilution with the placement.

    Fuming. Would like to hear what the plans for those other 2 managers are too If I may. Not that we've heard boo from the board
 
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