By converting those shares they were given the same amount of options. It was a no brainer.
I know someone who runs a $80 billion fund. They are always clipping tickets along the line.
Hell, go look at one of the big funds that supported NEU for many years. They have already bailed. They don't wait for the golden goose.
As my mate said about his stock brokers.
They only win on 51% of their trades. But they make 90% of profits on 10% of those trades.
There was no volume before that share conversion. Now look at it. Its bloody obvious.
Must be almost through them though.
Chart - NTI, page-120
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Last
5.3¢ |
Change
-0.001(1.85%) |
Mkt cap ! $54.83M | |||
| Open | High | Low | Value | Volume |
| 5.4¢ | 5.5¢ | 5.3¢ | $33.62K | 629.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 12 | 3755572 | 5.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 5.5¢ | 120107 | 3 |
View Market Depth
| Last trade - 14.27pm 08/11/2024 (20 minute delay) ? |
| NTI (ASX) Chart |