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NRL 4.7¢

anyone know anything about nrl?

  1. Jefferies

    566 Posts.

    Newlands Resources is rarely traded, but jumped 50% today. The company doesn't seem to do things that excite. It manages two investment schemes (Resources Investment Trust doing better in recent weeks, but still well below issue price: Ocean Resources Capital Holdings doing poorly). NRL also has some scattered holdings, the best of which looks like being its interest in a Mt Garnet mine.

    I'd almost forgotten about my ancient holding. Is there any reason for the jump other than renewed general interest in 2 cent dreadfuls?

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