I was just sadly reflecting on my bad judgement in buying...

  1. 409 Posts.
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    I was just sadly reflecting on my bad judgement in buying Neometals late last year. I was taken by the battery recycling idea.
    And now that I peruse their website more closely it jumps out that they were never interested in the shareholders - if they had they would have gone to some trouble to look as though they were a company of this age.
    Instead, the photo banners across the top of the both the Board of Management and Senior Management websites are of comfortable looking men of a certain demographic sitting around a table. If they’d done a good job we wouldn’t have cared about the lack of diversity.
    Yet more and more (is it Bloomberg?) has done the studies that tell us - shock and horror - diverse committees make better decisions.
    I feel very sad to have been taken for a ride by the same types that pervades many of the board rooms and executive suites of this country.
    I now fear that there never really was any intention to make a go of this business - that the idea was that it would give a bunch of directors and senior managers a few years of bloated income at the expense of the shareholders.
    Note to self.
    Look carefully at more than the business proposition next time.
    Last edited by Wellconsidered: 30/10/23
 
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Last
7.2¢
Change
-0.001(1.37%)
Mkt cap ! $55.39M
Open High Low Value Volume
7.3¢ 7.3¢ 7.0¢ $103.0K 1.434M

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No. Vol. Price($)
2 146786 7.1¢
 

Sellers (Offers)

Price($) Vol. No.
7.2¢ 3363 1
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Last trade - 15.59pm 27/06/2025 (20 minute delay) ?
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