Yeah, I've been saying it here for the last 6 months or more, NMT could be treading water for years to come, diluting holders along the way. After selling our assets for cents on the dollars & then paying their family & friends (who are the largest shareholders) dividends. We're all sitting here looking like stooges.
MB & NMT are 2 years into a 5 year research collaboration. Like I've said, MB isn't going to risk it all without proper DD. So there's probably another 3 year wait just there.
Stelco could be a rainbow or unicorn. It could up & vanish, like a fart in the wind, just like the other projects have.
The remaining projects could be sold for cents on the dollars.
Don't worry though, it's all good, because Chris "Let's make it rain dollar, dollar bills ya'll" Reed is getting his $600K a year. We need to set up a fund, pool all our cash together & send him a bottle of Grange.
I was thinking we should buy this one.
https://www.9news.com.au/national/p...-weekend/69c64d05-ffd4-489e-9d45-9e271dfb93c0
Ann: Ceasing to be a substantial holder, page-13
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Last
10.0¢ |
Change
-0.005(4.76%) |
Mkt cap ! $62.28M | |||
| Open | High | Low | Value | Volume |
| 10.5¢ | 11.5¢ | 10.0¢ | $54.31K | 519.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 39 | 1066863 | 10.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 10.5¢ | 11933 | 2 |
View Market Depth
| Last trade - 16.10pm 14/06/2024 (20 minute delay) ? |
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Last
10.5¢ |
Change
-0.005 ( 1.84 %) |
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| Open | High | Low | Volume | ||
| 11.0¢ | 11.0¢ | 10.3¢ | 214686 | ||
| Last updated 15.45pm 14/06/2024 ? | |||||
| NMT (ASX) Chart |