Long term holders must be having nightmares in the last 3 years as ossieboy said from $1.30 to about 4c. Price of rare earth plummeted and to those that has been in rare earth knows how fast they can burn a hole in the pocket. As some one pointed out, compared to Lynas at the same stage NTU fares a lot better. George Bauk, the previous managing director was at VML as a strategic adviser. He didn't last long. China has plenty of experience in rare earth, we now have people that could have the right connections. There is a change of direction in the product. It means management wants to have a plan and system which works. Hopefully with better rare earth prices, new management and progress, NTU will have a good year. Being admitted to the S&P All Ords, is a plus, which means institutions will start including NTU in their portfoolios. I initially bought NTU at 0.45, on a breakout of the down slope with volume. It did well, I had to sell to protect my capital and the small profits. NTU returned to retest support, it holds and consolidated which is an indication we could have a reversal. Recent volume does help, you will find things have improved after the share price have gone up a few months later in the news. I thus bought back with more confidence after the retest. Hopefully holders have better luck this time.
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