Hello all I have been following this stock for a couple of years or so. I hope you do not mind my intrusion into the discussion.
I could list many fundamental reasons why I like NTU but I do not want to go over your points which have been excellent.
Quickly, excellent management working with confidence have not put a foot wrong and forward planning is superb. Market - everything NTU's way from China moving gradually to internal consumption, HREE mix, shortages and supply concerns.
Geology, new projects, upcoming off-take agreement, sale of gold assets, coming maiden JORC and etc all fantastic this is an interesting stock and market cap is attractive thanks to the long correction during a protracted risk off phase in global equities.
I want to leave you with an observation it is not a prediction. NTU looks as if the correction may soon be complete as per the chart below.
I circled the weekly RSI as they look very similar and we may be complete now. I also measured the three corrections over the past 5 years and they also look similar - almost on a harmonic. We are also now at the point of a small pennant - something has to give. Of course fundamentals will launch any new up-leg and the correction may extend - I say this to cover myself in case I am wrong.
It looks like it is time for both the fundamentals and technicals to align at last. Thank you for your posts and information I have enjoyed your discussion. I run a small fund and NTU is most certainly included (small weighting) even though I am gold based - so I consider this exceptional.
Regards,
CW
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Last
2.5¢ |
Change
0.001(4.17%) |
Mkt cap ! $144.8M |
Open | High | Low | Value | Volume |
2.4¢ | 2.5¢ | 2.4¢ | $34.93K | 1.421M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
15 | 1696210 | 2.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.5¢ | 1751410 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
15 | 1695094 | 0.024 |
25 | 5868367 | 0.023 |
13 | 3093123 | 0.022 |
11 | 3705776 | 0.021 |
14 | 2581000 | 0.020 |
Price($) | Vol. | No. |
---|---|---|
0.025 | 1752526 | 3 |
0.026 | 1862304 | 3 |
0.027 | 639916 | 4 |
0.028 | 1011651 | 2 |
0.029 | 52000 | 1 |
Last trade - 15.11pm 04/09/2024 (20 minute delay) ? |
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NTU (ASX) Chart |