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2.6¢ nagambie resources limited

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punter45

2,639 Posts.

98

24/08/18

21:30

Post #: 35170532
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Originally posted by dbl1771 ↑

How do they get away with it ?

JetBlue predicts 7.8c dividends 04/12/15 -

''If you give it time you will reap excellent rewards, IMO.
NAGs could be pay 7.8c out in Dividends over the next 2 years.
NAGs can be bought for the Golden Goose (Trading Profits) or for the Golden Egg (The Dividend).
Most Traders are too short for Dividends but for Long Termer, it's a Dividend Focus
(and maybe a Dividend Feast, to come) All going well a dividend is likely in CY2016.

How does that affect value?

A 1 c Profit per Share with a P/E of 10, .... would value NAGs at 10c.
A 5c Profit ... would value it at 50c. And a 10c profit .... would value it at $1.
The Gold alone will make 2-3c/share producing 12,000- 15,000 oz pa (my estimates).
And the Gold Prodn is likely to start in 2016 (get that one for a back up)
Yep NAGs has gold in them there hills, as well as big pits for PASS!
It was gold production that dug the pits in the first place, about 180,000 oz of it.
180,000 oz at $1500/0z is $270m in Revenue of which about 50% will be profit (my est)''

Wow ! Not only does it not make any sense but it's a fantasy designed to get suckers in .

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And we are accused of posting crap

NAG Price at posting: 8.2¢ Sentiment: Sell Disclosure: Not Held
2 Upvote

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(20min delay)
Last 2.6¢		Change 0.004(18.2%)		Mkt cap ! $15.93M

Open	High	Low	Value	Volume
2.5¢	2.8¢	2.4¢	$288.3K	11.33M

Buyers (Bids)

No.	Vol.	Price($)
4	1101803	2.5¢

Sellers (Offers)

Price($)	Vol.	No.
2.6¢	30208	1

View Market Depth

No.	Vol.	Price($)
4	378333	0.060
2	59000	0.059
0	0	0.000
0	0	0.000
0	0	0.000

Price($)	Vol.	No.
0.062	182288	1
0.063	16847	1
0.065	25793	2
0.067	70000	1
0.070	5500	1

Last trade - 12.23pm 04/12/2024 (20 minute delay)

NAG (ASX) Chart