NTU 0.00% 3.0¢ northern minerals limited

Ann: NOTICE OF DISPOSAL ORDERS OF INTERESTS IN NORTHERN MINERALS, page-51

  1. 5,486 Posts.
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    More on the corporate fun before us.

    There are buyers for 42m and sellers of 24m on the board.

    However, 24m of the listed buys, more than half, are at 0.001c, (one tenth of one cent) the minimum transactable price on the ASX.

    Five buyers are no-risk punting $2400 the divestees fail to sell and Treasury will just stick the shares on the market - which they have the power to and are threatening the divestees with.

    Or the divestees are padding the buy line, or maybe a bit of both.

    Most amusing.

    Still only average volumes today, so they cant have moved much of their baggage.

    Ash

    Last edited by Ashentegra: 18/06/24
 
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11 1085464 2.9¢
 

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3.1¢ 805773 4
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