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4.55%

10.5¢ neometals ltd

Hey Grandpa, you posted this when it was 38c, it's now 87c. Post...

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hoodle

1,278 Posts.

1089

12/08/21

18:11

Post #: 55245165
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Originally posted by Grandpa1: ↑

Dreadful optics
It just shows you what one stupid and audacious act can covey to the market by selling $175k worth of shares

1. The MD effectively telling the market that he prefers cash to holding his own stock
2. The MD made about $600k + in salary last year and a total of over $900k when non cash items were included
3.Took about $22m off the market cap of the stock
4. Took over $500k off the value of his own holdings
5. Bad look to sell during the currency of a multi million dollar court case
6. Effectively confirmed a "triple top" on the chart- very bearish

I wonder if any other directors will also sell some stock to meet "tax obligations" one has done so in previous years and around this time
Pretty glad I sold my stock last week

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Hey Grandpa, you posted this when it was 38c, it's now 87c. Post didn't age so well. You could have bought then and doubled your money!

NMT Price at posting: 87.5¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 10.5¢		Change -0.005(4.55%)		Mkt cap ! $65.39M

Open	High	Low	Value	Volume
10.5¢	11.0¢	10.0¢	$50.95K	480.1K

Buyers (Bids)

No.	Vol.	Price($)
6	266340	10.5¢

Sellers (Offers)

Price($)	Vol.	No.
11.0¢	270030	8

View Market Depth

No.	Vol.	Price($)
6	266340	0.105
17	810510	0.100
4	55069	0.099
6	101132	0.098
4	259221	0.096

Price($)	Vol.	No.
0.110	270030	8
0.115	21111	2
0.120	393721	10
0.125	18634	5
0.130	57875	3

Last trade - 16.10pm 03/05/2024 (20 minute delay)


Last 10.5¢			Change -0.005 ( 4.55 %)
Open	High		Low	Volume
10.3¢	10.5¢		10.3¢	107401
Last updated 15.59pm 03/05/2024 ?

NMT (ASX) Chart