I'm not sure NTRC knocking back the Ladbrokes application can be blamed on management, that is a pretty clear known risk which is outside their control.
Given there was a 0% discount to the placement, I don't think they wanted to raise more than $1m, if they did they would have offered a larger discount.
Overall I think management are doing a great job, they are pioneering a space and when someone does that there will always be ups and downs.
I own this for what they are building not the share price on any given day.
Buying more at these levels, as I didn't when it was smashed to 10c when the TBH/Global Tote was knocked back. It's not without risk but the business is one decision at NT away from profitability, I like the risk reward.
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8.0¢ |
Change
-0.003(3.61%) |
Mkt cap ! $77.60M |
Open | High | Low | Value | Volume |
8.1¢ | 8.3¢ | 8.0¢ | $130.7K | 1.601M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 313779 | 8.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
8.3¢ | 392621 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
5 | 313779 | 0.080 |
7 | 338483 | 0.079 |
10 | 607685 | 0.078 |
6 | 267519 | 0.077 |
5 | 81800 | 0.076 |
Price($) | Vol. | No. |
---|---|---|
0.083 | 20000 | 1 |
0.084 | 297500 | 4 |
0.085 | 434986 | 4 |
0.086 | 260100 | 2 |
0.087 | 77000 | 1 |
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