NTU 3.13% 3.3¢ northern minerals limited

ntuob, page-27

  1. 685 Posts.
    nathan i can see that your real bullish on NTU as we all should be.

    but please some sanity

    obviously the market is not that 'insane' to have such a big artribadge? over the options and the heads.

    The reason i believe could be due to the renounceable share purchase plan?

    Would you agree with me on that?

    eg it is assumed taht when the shares trade ex, the head shares will fall.

    since options wont have any 'benefits' attached ie no chance to buy 2 for 5 at 16 etc etc. that is the reason why they are currently lower than they should be.

    I hope that helps/benefits to any new investors.

    eg.

    heads = 38 cents
    15 cent options = 11cents

    however those 38 cent heads, u get to buy 2 for 5 for 16 cents.

    can u imagine the number of people selling those rights or their head shares in the following weeks?

    we are looking at an issue of 40% more shares...

    DISC: hold ARU since 2005.

    Have only been following NTU/LYC/PEK due to the fact that its REE of which ARU is part of.

    I have no view on NTU, so all the best, however i do not pirra is a holder and that i hold with respect.

    just relax on being so bullish on the atribradge? there is a reason for some things..
 
watchlist Created with Sketch. Add NTU (ASX) to my watchlist
(20min delay)
Last
3.3¢
Change
0.001(3.13%)
Mkt cap ! $195.0M
Open High Low Value Volume
3.2¢ 3.3¢ 3.1¢ $159.7K 5.044M

Buyers (Bids)

No. Vol. Price($)
2 458930 3.1¢
 

Sellers (Offers)

Price($) Vol. No.
3.3¢ 2276401 5
View Market Depth
Last trade - 16.10pm 18/07/2024 (20 minute delay) ?
NTU (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.