NPM 15.4% 1.1¢ newpeak metals limited

Ann: High Grade Lithium Results from Analytical Testing, page-10

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  1. 12,192 Posts.
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    I have seen it many a times in the past that the sp of a company actually rises during a CR/SPP.... the latest one was AUZ just last month... the company kept on posting some fantastic news during the SPP period and actually saw the sp rise from the offer price of 0.8c (same as DHR) to a high of 2.6c

    of course, they were high on Co/Sc news so that is a different matter than Li which atm is seriously having identity crisis.... but we can hope for a 1c+ sp for sure during this phase of the CR imo... alos, the sell depth is not that bad and except one single seller for 3.5m shares, the rest are not that big... I think we will be seeing 1c+ in the next 2 weeks (probably after the two long weekends) and before the CR closes on May 3...
 
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1.2¢ 155136 2
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