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Bullboard - Stock Discussion Forum New Zealand Energy Corp V.NZ

Alternate Symbol(s):  NZERF

New Zealand Energy Corp. is a New Zealand-based company, which is an oil and gas producer. The Company, through its subsidiaries, is engaged in the exploration, appraisal, development and production of oil and natural gas, as well as the operation of midstream assets, in New Zealand. The Company conducts its business as a single segment being the acquisition, exploration, appraisal, development... see more

TSXV:NZ - Post Discussion

New Zealand Energy Corp > New Press Release - New Zealand Energy Corp. Closes Final Tranche of Private Placement
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Comment by westshore on Jan 03, 2024 5:30pm
The ten year trading average for NZ was safe to say approx 3.00 per share.So why is the Placement @.38 cents? That is a massive discount.It should of been more around min 1.5-2.00 The cost of the 3D Sysmic was worth much more than the price they sold the placement @ The 2023 bid based on next to no liquidity should not be a parameter. So I am very disapointed in management and the Exchange for ...more