NWC

3.45%

3.0¢ new world resources limited

You guys all need to chill out not much time in the market game...

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26/02/23

21:48

Post #: 66474086
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Originally posted by Deonp: ↑

Share ramping isa form of illegal market abuse that involves talking up the price of particular shares in order to mislead the market. It is also known as 'pump and dump' and 'book ramping'.

I had to look up what ramping meant.

in my post I said “on the way to production…”

supposing antler went into production what would the share price be?

would it be safe to assume 30c+ ?
I Can’t find a copper stock that is in production at less than 30c. That’s the reasoning I am using.

I have no intention to sell until I either
a) have to
or
b) am disappointed with the dividend.

with respect, it seems from my research, ramping is illegal and I’m not comfortable with statements made of this nature directed at me. i don’t mean to offend if no accusation was intended.

also, I have stated here many times that I don’t really have any experience and have asked for guidance and assistance with my thinking on many occasions. classic ramper?!

I stand by my comment though that the share price must pass 30c if the mine is producing and selling copper.

that stands to reason doesn’t it.

happy to be taken to school on this point.

but ramping, no, I hope everybody invests wisely and shares in the profits of the companies they believe in.

I wouldn’t have said anything… but this is the second time you’ve jumped on one of my posts negatively when I have just written what I think.

back in 2021 cannacord posted a price target of 30c was that ramping?

the reason I write my thoughts on the company’s share price is that I believe a buy out isn’t the best outcome- unless your money needs to come out before the timeline indicates production. - in which case sell whenever you have to…if we support the view of the company going into production then we are all swimming in the same direction - as this is the directors intention, wouldn’t this be the best outcome for everyone?

If I’m wrong, I’m wrong and will apologies, learn and move on.

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You guys all need to chill out not much time in the market game im guessing

NWC Price at posting: 5.2¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 3.0¢		Change 0.001(3.45%)		Mkt cap ! $85.06M

Open	High	Low	Value	Volume
2.9¢	3.0¢	2.9¢	$473.4K	16.22M

Buyers (Bids)

No.	Vol.	Price($)
2	400000	2.9¢

Sellers (Offers)

Price($)	Vol.	No.
3.0¢	1298693	6

View Market Depth

No.	Vol.	Price($)
2	400000	0.029
13	3437946	0.028
14	4100000	0.027
3	431250	0.026
9	640000	0.025

Price($)	Vol.	No.
0.030	1298693	6
0.031	1140000	3
0.032	350000	2
0.033	380000	2
0.034	537147	3

Last trade - 16.10pm 19/07/2024 (20 minute delay)

NWC (ASX) Chart

You guys all need to chill out not much time in the market game...

NSW approves J-POWER's $380M buyout of Genex Power, giving it ownership of QLD net zero project

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Week 29 Wrap: Trump in spotlight again; China's Third Plenum a yawnfest; RBA's August move a mystery

Warren Tredrea’s weekly sports business wrap: the latest on business in sport

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Wealth Within considers potential takeover targets in Australia's booming infrastructure industry

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You guys all need to chill out not much time in the market game...

Top Stories

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Imricor raises $35M to pursue growth and expansion into Australia and NZ

Lake Resources implies news article on job cuts made up; non-core sales "not material" and no rule 15.7 breach

Week 29 Wrap: Trump in spotlight again; China's Third Plenum a yawnfest; RBA's August move a mystery

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Featured News

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Sellers (Offers)

Featured News