NMT 0.00% 8.9¢ neometals ltd

Ann: Change of Director's Interest Notice, page-13

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  1. 24 Posts.
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    Dreadful optics
    It just shows you what one stupid and audacious act can covey to the market by selling $175k worth of shares

    1. The MD effectively telling the market that he prefers cash to holding his own stock
    2. The MD made about $600k + in salary last year and a total of over $900k when non cash items were included
    3.Took about $22m off the market cap of the stock
    4. Took over $500k off the value of his own holdings
    5. Bad look to sell during the currency of a multi million dollar court case
    6. Effectively confirmed a "triple top" on the chart- very bearish

    I wonder if any other directors will also sell some stock to meet "tax obligations" one has done so in previous years and around this time
    Pretty glad I sold my stock last week
 
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Mkt cap ! $65.39M
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9.0¢ 9.3¢ 8.9¢ $169.1K 1.874M

Buyers (Bids)

No. Vol. Price($)
4 178016 8.8¢
 

Sellers (Offers)

Price($) Vol. No.
9.0¢ 6320 1
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Last trade - 16.10pm 18/10/2024 (20 minute delay) ?
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