i have followed these for a long time now and sadly i cant see how they can survive from here. Their recent entitlement offer was a disaster and they wont be able to place the shortfall with the current sp at 1.5 cents and the entitlement at 3 cents.
I just cant see how NTI can raise any funds from here to survive. The entitlement offer was a big thumbs down from the market.
I was an ardent supporter 12 months ago, but sadly in that period it has become a train wreck
cash position
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Last
5.9¢ |
Change
0.000(0.00%) |
Mkt cap ! $61.04M | |||
| Open | High | Low | Value | Volume |
| 5.9¢ | 6.0¢ | 5.8¢ | $12.55K | 212.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 10 | 272176 | 5.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 6.0¢ | 466957 | 2 |
View Market Depth
| Last trade - 15.47pm 02/10/2024 (20 minute delay) ? |
| NTI (ASX) Chart |