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3.23%

9.0¢ neometals ltd

MIN annual report Mt Marion contribution, page-11

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Names little

18,116 Posts.

1312

16/08/17

15:38

Post #: 26537742
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Originally posted by bri ↑

I saw the same thing happen to Qantas recently about 2 to 3 weeks after the Buy back finished the price started moving and then did not look back During BB it went south. I know conventional wisdom says that it should support the price however it does not work out that way in practice NMT do not want to pay any more than 29/30 cents and they have been controlling the price in that bracket or at best 28 /33.
I personally could never see the sense of this BB However CR is a smart cookie and he obviously does. Look at where Galaxy was in price in Jan when we were vying for first shipment honours we were Level price and look at galaxy today and tell me the BB is not affecting us

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Hi Bri, is there a large holder exiting that is feeding the sell, somebody must be selling into it for some reason? I doubt if the company would be allowed to control the price, other than what they are willing to pay for buy.

NMT Price at posting: 28.0¢ Sentiment: None Disclosure: Not Held
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(20min delay)
Last 9.0¢		Change -0.003(3.23%)		Mkt cap ! $66.12M

Open	High	Low	Value	Volume
9.3¢	9.3¢	9.0¢	$55.60K	610.5K

Buyers (Bids)

No.	Vol.	Price($)
8	427163	9.0¢

Sellers (Offers)

Price($)	Vol.	No.
9.1¢	65000	1

View Market Depth

No.	Vol.	Price($)
8	427163	0.090
3	121741	0.089
3	256818	0.088
2	210000	0.087
2	14627	0.086

Price($)	Vol.	No.
0.091	65000	1
0.092	80000	1
0.093	341163	2
0.094	4350	1
0.095	10638	1

Last trade - 16.10pm 04/11/2024 (20 minute delay)

NMT (ASX) Chart