NMT neometals ltd
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Ann: Intention to Demerge Mt Edwards Nickel Project, page-3

  1. alexc2005
    724 Posts.
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    01/07/21
    08:55
    Post #: 54195639
    I imagine the share price will reduce by the equivalent of the new spin off.

    NMT current MC = $261M

    Let's say the new spinoff is valued at 60M, then we need to come down by that amount so we'd then be $200M.

    I'm sure it's not that simple though.
    NMT Price at posting: 48.0¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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