NAM 0.00% 77.3¢ namoi cotton limited

Ann: Corporate Advisor Appointment, page-7

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  1. 4,636 Posts.
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    Keenly watching NAM - don't hold but do indirectly though another holding.

    The only way to get your hands on any seems slow and steady accumulation, the issue I think is that several others have the same idea so everyone is buying up - very few selling. The result is the chart that we see now!

    The NTA is over $1 so even at these prices its still trading at around 30% asset backing even at today's close. I wonder if the half-yearly report will include any update on the corporate advisory?
 
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