Net Tangible Assets

  1. 5,447 Posts.
    I'm in shock,actually found myself working out the NTA of a company.How the market has come down.Concentrating on Hot Copper stocks,remember those,penny dreadfulls that you could make heaps on.Banks are too expensive!the new crop of punters who did not take part in the last boom will be looking for cheap stocks,less than $1 or 50 cents or 10 cents.
    Stocks with vast amounts of shares on issue and priced in the cents are coming close to their NTA;they may become food for predators.No doubt armies of accountants are ploughing through these figures and putting up candidates for attention.
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.