NMT

1.37%

7.2¢ neometals ltd

Ann: Mt Edwards Nickel Demerger Update, page-79

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Loophole1

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30/07/21

00:11

Post #: 54886459
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Originally posted by jeebumba: ↑

Hi all,
First time ever on HC. Holder of NMT. I look forward to all the informative posts from everyone here. Thank you. I just wanted to point out to those holders who are not residents of Australia or New Zealand that you will not get any Widgie shares. Here is the excerpt from their short prospectus.

"Ineligible Neometals Shareholders
Neometals Shareholders on the In-Specie Distribution Record Date with an address outside
of Australia or New Zealand will have their pro rata entitlement of Widgie Nickel Shares sold
by Neometals’ sale nominee, Euroz Hartleys Limited (Nominee), and the net proceeds paid
to the Ineligible Neometals Shareholders, with the timing of the sale to coincide with Widgie
Nickel successfully completing the Entitlement Offer, being admitted to ASX and a market for
Widgie Nickel Shares being established on ASX.
The Nominee will act on a best efforts only basis to sell the Ineligible Neometals Shareholders’
Widgie Nickel Shares, and will not be liable to the Ineligible Neometals Shareholders for any
loss suffered as a result."

I have an address in Germany and am excited about Primobius starting the demo plant here. However it was a little disappointing reading this. So basically all we can expect is, if and when Widgie trades on the ASX, Euroz Hartleys will our part of the shares and transfer the proceedings to us. Of course this is subject to market risk and tax from where ever you are from. Overall, somewhat at a loss in comparison to an average shareholder domiciled in OZ or NZ. Just sharing info which I thought might be missed since majority of holders here are of course Aussie.

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Check with your broker as it’s normal they would use a nominated holding company based in Aus to buy and hold your shares regardless your location, if so you will get the shares as they will be issued to your nominees in Aus, Loop.

NMT Price at posting: 61.0¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 7.2¢		Change -0.001(1.37%)		Mkt cap ! $49.67M

Open	High	Low	Value	Volume
7.2¢	7.6¢	7.1¢	$14.82K	203.6K

Buyers (Bids)

No.	Vol.	Price($)
2	130642	7.2¢

Sellers (Offers)

Price($)	Vol.	No.
7.3¢	51359	1

View Market Depth

No.	Vol.	Price($)
2	130642	0.072
3	105205	0.071
4	56521	0.070
1	10000	0.069
2	83500	0.068

Price($)	Vol.	No.
0.073	51359	1
0.079	12188	1
0.080	130000	1
0.090	114976	2
0.091	100000	1

Last trade - 16.10pm 06/09/2024 (20 minute delay)

NMT (ASX) Chart

Ann: Mt Edwards Nickel Demerger Update, page-79

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Ann: Mt Edwards Nickel Demerger Update, page-79

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