Ann: Resignation of Director, page-9

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thestoicinvestors

496 Posts.

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17/04/25

11:38

Post #: 78727621
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Originally posted by GrizzlyAu: ↑

I've held NZM a long time. On the ASX it seems to bounce around within a fairly broad range for long periods of time.

There is not a lot of volume, but before all this Grennon stuff came to light, it traded between low 90s and $1 for many months, maybe 6, I forget exactly. When I was bored I would pick up a small parcel in the low 90s, and then sell it again around $1.

Not enough volume to make any serious money, but it does seem to move up and down in fairly tight bands for long periods of time.

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I'm no charitst whatsoever but you are spot on, when I look at the chart it literally has traded side ways for a while. I watched it long enough and got a bag, It is about 4% of the portfolio for now. There is much to like long term, valuation isn't bad at all. Just need to see how this whole thing plays out...

NZM Price at posting: 95.0¢ Sentiment: Hold Disclosure: Held
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(20min delay)
Last $1.05		Change -0.020(1.87%)		Mkt cap ! $201.0M

Open	High	Low	Value	Volume
$1.05	$1.05	$1.05	$6.3K	6K

Buyers (Bids)

No.	Vol.	Price($)
1	5412	$1.06

Sellers (Offers)

Price($)	Vol.	No.
$1.08	620	1

View Market Depth

No.	Vol.	Price($)
1	9523	1.050
1	1500	1.045
1	8000	1.040
2	21000	1.000
1	19947	0.980

Price($)	Vol.	No.
1.085	1167	1
1.090	7994	1
1.100	25367	3
1.110	21442	2
1.120	15000	1

Last trade - 10.06am 17/06/2025 (20 minute delay)

NZM (ASX) Chart

Ann: Resignation of Director, page-9

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Ann: Resignation of Director, page-9

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