I do follow many micro / juniors closely and see a lot of over promise type promotion from management and subsequent pain by shareholders (MUS for example). But to say they release more information to the market is not really correct. Usually those doing well are just those riding the latest wave. I'm sure if Tin becomes the "latest thing", we will be riding it the same way. I have also in my time invested in many successful micro / junior type companies and find personally that the best time to invest is when they are down but show a lot of promise, then I wait. Works a treat and you don't generally get caught up in the hype and buy too high then watch as the ground falls out beneath you.
I'm a bit confused as to why you continue to hold despite there being so much greener grass on the other side? Why do you continue to hold here if it is such a monumental fail?
As I said, I think selling the Lochinvar asset to fund Redmoor is the way to go. Spending a few thou to improve the likelihood for a buyer is not a bad way to go, if finding easy access coal gives the asset value then that's a good thing for shareholders like us, isn't it Nod?
I don't see too many micro cap companies with Coking Coal assets as a priority doing particularly well at the moment. Nor is it the case with Tin exploration companies. Doesn't mean they wont do well, just isn't the flavour of the month. For mine there isn't much wrong with this one, the only thing people can grab hold of is management, but that's not my experience especially when you combine what Gary has with what John from Strategic Minerals brings to the table.
Now please tell me another micro cap with our assets and potential at 0.007 a share? Surely even you can see that Redmoor's potential is far greater than .7c? Or you can just continue to try and discredit me if that suits your long term plans... either way, lol.
- Forums
- ASX - By Stock
- NAE
- Ann: Results of Meeting
Ann: Results of Meeting, page-50
-
- There are more pages in this discussion • 9 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add NAE (ASX) to my watchlist
(20min delay)
|
|||||
Last
0.4¢ |
Change
-0.001(11.1%) |
Mkt cap ! $7.175M |
Open | High | Low | Value | Volume |
0.4¢ | 0.4¢ | 0.4¢ | $20K | 5M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
38 | 19505374 | 0.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.5¢ | 11453156 | 6 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 2200000 | 0.006 |
9 | 8299899 | 0.005 |
6 | 3650000 | 0.004 |
3 | 2622888 | 0.003 |
3 | 4000100 | 0.002 |
Price($) | Vol. | No. |
---|---|---|
0.007 | 2536904 | 6 |
0.008 | 3066187 | 5 |
0.009 | 1057001 | 6 |
0.010 | 5904545 | 3 |
0.011 | 500000 | 1 |
Last trade - 10.06am 26/11/2024 (20 minute delay) ? |
NAE (ASX) Chart |