NMT 1.37% 7.2¢ neometals ltd

Actually skribbler I disagree with you there - the total amount...

  1. 1,829 Posts.
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    Actually skribbler I disagree with you there - the total amount of shorting is 0.2% or $400,000 worth. In the grand scheme of things that doesn't move the SP by 20%.

    If I recall, NMT bought back 20m shares (or about $6m worth) earlier this year and it had no appreciably positive impact on the SP.

    I just think the air has come out of the lithium bubble a bit.

    As stormynormy says the most sensible thing to do right now (assuming you believe in the long term potential of NMT) is just to sit on your shares.
 
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