NAE 0.00% 0.5¢ new age exploration limited

forget asic......these guys were trying to secure their pay...

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  1. 12,874 Posts.
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    forget asic......these guys were trying to secure their pay packet on the back of shareholders at lowball price when the stock had traded much higher

    they chose to raise on the low of lows....got $14k from the entire registry....didn't tip in themselves....and were duly punished by the market

    severely in the red on this stock...and still bitter

    needs a change of the guard.....

    NB transaction costs of the spp were $36k higher than the amount raised
    Last edited by specgoldbug: 31/07/17
 
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