NGX 0.00% 16.0¢ ngx limited

oh what tangled webs...

  1. 26 Posts.
    Well hasn't the last few weeks been...interesting?!

    My Theory.. (Which is mine ahem...!)
    Tulla (aka The Big M) not wishing to trigger a Mandatory Takeover as required by Section 5.1 (see page 16 & 17 of the latest Prospectus)of the Channel Isles rules (such as they are) until such time as the "Highest price" within the preceding 12 months drops from a (current) 40 cents to a more appetising 4 cents (in about..oh a month and a half)throws up the furphy of "China" to the rescue!!!" When this red herring falls off its bicycle The Big M will be FORCED...FORCED I TELL YOU.. to snap up those options thus triggering the aforesaid mandatory offering of 4c to private investors who will say "Thank you sir, may I have another..." And then he will wrap a big red bow around Norseman Gold Mine and put it under the Maloney Family 2012 Christmas Tree...

    But of course...that's just my theory....
 
watchlist Created with Sketch. Add NGX (ASX) to my watchlist
(20min delay)
Last
16.0¢
Change
0.000(0.00%)
Mkt cap ! $15.40M
Open High Low Value Volume
16.0¢ 19.0¢ 16.0¢ $9.203K 51.74K

Buyers (Bids)

No. Vol. Price($)
1 14257 16.0¢
 

Sellers (Offers)

Price($) Vol. No.
19.0¢ 29041 2
View Market Depth
Last trade - 16.10pm 15/11/2024 (20 minute delay) ?
NGX (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.