Juanita Hamparsum Acquires 176,470 Shares of Namoi Cotton Limited (ASX:NAM) Stock

Namoi Cotton Limited (ASX:NAM) insider Juanita Hamparsum acquired 176,470 shares of the company’s stock in a transaction dated Tuesday, June 8th. The shares were bought at an average cost of A$0.34 ($0.24) per share, with a total value of A$59,999.80 ($42,857.00).

The company has a quick ratio of 0.15, a current ratio of 1.09 and a debt-to-equity ratio of 48.06.

About Namoi Cotton

Namoi Cotton Limited, together with its subsidiaries, engages in the ginning and marketing of cotton in Australia and Asia. The company operates 11 cotton gins in New South Wales and Queensland. It is also involved in the purchase of lint cotton from growers through various forward contracts; and trading and marketing of cottonseeds.

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