NRR 0.00% 5.6¢ naracoota resources limited

Ann: Completion of Rights Issue , page-8

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  1. 2,133 Posts.
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    Hey MickyZ,

    They are going to have to pull a rabbit out of the hat with this one ! To float at 20 cents and then within 12 months revenue raise, dilute the cordial at 3.5 cents with the issue of extra shares.

    This plan B is going to have to be something really special for the early supporters of this company.Hope the board and the brokers involved can get this going. Talk is very cheap these days.

    I am very lucky to be in AXZ. Check out their main people.Their new NEC was voted top 10 influential people in China 2011 and the main share holder Kenny Zang has the third biggest paint company in China. Expect them to be $3.5o plus with 12 months, beautiful story unfolding.

    Chaddy36
 
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Currently unlisted public company.

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