NMT 7.41% 12.5¢ neometals ltd

Short Interest, page-24

  1. 13,624 Posts.
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    What SHOULD make shorters of NMT nervous are these facts:

    • They are not just playing with the ASX - overnight NMT hit a new high on the DAX
    • NMT's business and public profile is in Europe - where Green is the favourite colour.

    Still think they were crazy to take it on - remembering most of their 4m shorts were on a day with a VWAP of 175.9c.

    Now sitting at 195.5c on a red day on the AO, NMT is up 11%.

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