There are Australian institutions who hold NCM that do not want NEM. They will be sellers for the next few days. They will looking to rotate into other Australian gold companies.
Also NEM have just issued a lot of new shares so the NEM share price should fall? I am taking the money and running away. GLTAH
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- Ann: Quarterly Report to 30 September 2023
Ann: Quarterly Report to 30 September 2023, page-46
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