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
5.6¢ |
Change
-0.001(1.75%) |
Mkt cap ! $57.93M | |||
| Open | High | Low | Value | Volume |
| 5.6¢ | 5.6¢ | 5.4¢ | $27.17K | 489.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 112542 | 5.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 5.6¢ | 423746 | 2 |
View Market Depth
| Last trade - 16.10pm 04/11/2024 (20 minute delay) ? |
| NTI (ASX) Chart |