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0.2¢ metalicity limited

Ann: Change in substantial holding for NME, page-19

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punter45

8,075 Posts.

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13/01/22

13:49

Post #: 58835864
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Originally posted by mornington: ↑

I am at a loss why any NME shareholder would participate in a CR whose principal focus would be to repay Director loans.The same individuals who ran the company into the ground in the first place.
If you are looking at "blue sky" potential look at the MC of GMD who operates in the same area.Any semblance of this can only be achieved by the ownership of these leases under a single entity.
The current reluctance of the NME Directors to accept the offer a direct result in the realization that if the offer goes through,they are un-employable on any other Board around the country.

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why wouldn’t they participate?

didn’t management of mct ran the company to the ground?
Have a look at all the cheap freebies still sitting at 0.004c to be exercised and part of all the mct cr’s went on salaries, so what’s the problem with nme deferring salaries back then and raising now to recoup?

and you think mct bod and management will get creamy job in Australian?

MCT Price at posting: 0.9¢ Sentiment: None Disclosure: Not Held
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(20min delay)
Last 0.2¢		Change 0.000(0.00%)		Mkt cap ! $8.971M

Open	High	Low	Value	Volume
0.2¢	0.2¢	0.2¢	$500	250K

Buyers (Bids)

No.	Vol.	Price($)
57	180380980	0.1¢

Sellers (Offers)

Price($)	Vol.	No.
0.2¢	50000	1

View Market Depth

No.	Vol.	Price($)
56	175380980	0.001
0	0	0.000
0	0	0.000
0	0	0.000
0	0	0.000

Price($)	Vol.	No.
0.002	50000	1
0.003	93863611	60
0.004	16390286	10
0.005	11673264	11
0.006	18220175	13

Last trade - 15.58pm 12/07/2024 (20 minute delay)

MCT (ASX) Chart