It would appear from the article below that these type of Director related transactions are open to well, let's call it mispricing for the purpose of this post.
I would love to see the AFR do an investigation of the related party transactions (historical and current) at Noumi.
Might have to drop them a line and ask them to have a look.....
MinRes paid a 70pc mark up to rent Chris Ellison-owned properties
https://www.afr. com/companies/mining/minres-paid-a-70pc-mark-up-to-rent-chris-ellison-owned-properties-20241021-p5kk1v?utm_content=companies&list_name=5655EA70-F54A-4680-8E43-524D4E016C59&promote_channel=edmail&utm_campaign=before-the-bell&utm_medium=email&utm_source=newsletter&utm_term=2024-11-04&mbnr=MjMxMTY2ODA&instance=2024-11-04-05-55-AEDT&jobid=30929556
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Last
11.5¢ |
Change
-0.015(11.5%) |
Mkt cap ! $31.86M | |||
| Open | High | Low | Value | Volume |
| 12.5¢ | 12.5¢ | 11.5¢ | $17.03K | 136.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 38694 | 11.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 12.5¢ | 8007 | 1 |
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| Last trade - 14.15pm 01/08/2025 (20 minute delay) ? |
| NOU (ASX) Chart |