GREY:NEPTF - Post by User
Post by
jinbu6on May 27, 2015 7:47pm
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Post# 23771804
Neptune Dwindling Cash
Neptune Dwindling Cash
Wouldn't be surprised if another equity financing is in the works given NTB's current unconsolidated cash balance, lack of revenue/production, and manufacturing issues. The latter is most concerning given how long they have existed, and that they still look far from resolved. Don't think that even Alex Ruus with his "table pounding from buy" recommendation could breathe much life into NTB's share price now.