As others mentioned, keeping the price high for the raise was the reason for the raft of positive and misleading (given one was retracted) announcements.
I sold at $0.255c
I could buy the same amount of shares that I had with 25% less money.
400,000 shares X $0.19c = $76,000.
I lost $95k when I sold, so I would need the share price to go back to $0.4275 to get my money back.
But if I was to put the full $102k that I got when I sold (no chance whilst CR is at the helm), I would be able to buy 537,000 shares, I would need the share price to go back to $0.37c.
Congrats to the shorters, you played it like a piano.
Ann: Neometals Launches Placement and Entitlement Offer, page-6
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Last
7.7¢ |
Change
-0.001(1.28%) |
Mkt cap ! $47.98M | |||
| Open | High | Low | Value | Volume |
| 7.8¢ | 7.8¢ | 7.5¢ | $48.01K | 627.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 127254 | 7.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 7.7¢ | 124977 | 1 |
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| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| NMT (ASX) Chart |