Hmm, as long as a share buy-back is initiated, I'm not worried for now.
Analogy Apple has many problems right now but has just announced it is buying back $100BN worth of shares. Big difference in price/industry/market dominance but the buy-back principle is the same. See, I don't mind if NMG begins buying back shares in 2026, via some of its profits, just like Apple is doing with its profits now. The fact is that when a share buy-back is initiated by NMG, many retail buyers will cash in their NMG shares as they are in it for a quick buck- that's just human behaviour. Many of the unconvinced will cash out of NMG at 4 cents, 8 cents, 11cents etc.
The diamond-handed will prevail.
NMG Price at posting:
1.6¢ Sentiment: Buy Disclosure: Held
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