After watching the crux interview i hardly know where to start
1. Capital raising incoming- requirements by a supporting broker- Raise size $20- $30m IMO
(a) demonstrate that the business is cutting costs. This means cutting staff and salaries including the MD's. Not simply moving staff around which is like shuffling the deck chairs on the titanic
(b) Dealing with the outstanding - contingent liability at point 13. in the half yearly ASX announcement 13/3/ 2023
(c) corralling the short sellers to support the raise and cover their positions
(d) board renewal
Comments
2.Looks like no meaningful cash flow until 2026
3. Chris talking about PE's of 70 is delusional
4. Spodumene discovery talk is wildly premature
waiting for the raise to add to my position assuming the points at 1. are largely met
GLTAH
- Forums
- ASX - By Stock
- NMT
- General Neometals related news
General Neometals related news, page-3950
-
- There are more pages in this discussion • 546 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add NMT (ASX) to my watchlist
|
|||||
Last
8.6¢ |
Change
-0.002(2.27%) |
Mkt cap ! $53.56M |
Open | High | Low | Value | Volume |
8.9¢ | 8.9¢ | 8.5¢ | $108.2K | 1.250M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 204764 | 8.6¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
8.7¢ | 99144 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 204764 | 0.086 |
6 | 531845 | 0.085 |
6 | 248783 | 0.084 |
2 | 14500 | 0.083 |
1 | 100000 | 0.082 |
Price($) | Vol. | No. |
---|---|---|
0.087 | 99144 | 2 |
0.088 | 100000 | 1 |
0.089 | 118538 | 3 |
0.091 | 4000 | 1 |
0.092 | 297571 | 5 |
Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
Featured News
NMT (ASX) Chart |
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
SPONSORED BY The Market Online