NXE 0.00% 2.7¢ new energy minerals ltd

Try doing this calculations back to the GPP days. Mr Ching...

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  1. 10,813 Posts.
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    Try doing this calculations back to the GPP days.

    Mr Ching actually only put $1.5 million into NXE - the other $3.5 million he put into into Balma subsidiary. He is now paying NXE $7 million for the last 50% of the sub so he gets back the $3.5 million. I practice he bought the ground for $8.5 million. Very, very cheap.
 
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