Nobananas
NMR did not hold any support levels on the way down, which is usually ascarry sign.
Small chance yesterdays close below 39/4 was a false break, but volume so far today does not appear high enough to support the forming of a solid base here.
Also apart from bad short term technicals, history indicates that 80% of small speccies give way all their gains after a initial strong search before revisiting the lows again.
That is nothing personal against the stock, but just a well known fact supported by history.
So with no more good news soon I think we will see the high 2s again IMO.
Good luck with this one.
some serious accumulation going on, page-52
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Last
11.5¢ |
Change
-0.010(8.00%) |
Mkt cap ! $113.9M | |||
| Open | High | Low | Value | Volume |
| 11.5¢ | 12.5¢ | 10.5¢ | $357.2K | 3.088M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 509988 | 11.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 12.0¢ | 142080 | 2 |
View Market Depth
| Last trade - 16.10pm 17/09/2025 (20 minute delay) ? |
| NMR (ASX) Chart |