I initially bought a tiny parcel of NMR at 4.6 cents after the release of the JORC report on 16 Nov 2011.
After I saw the DJ Carmichael report with a speculative buy dated 15 Dec 2011, I quadrupled my holdings at 3.8 cents.
The value gap between 3.8 cents and 17 cents (DJC's fully diluted target)is just too wide to be ignored completely.
Even I discount DJC's fully diluted target by 50%, I will probably still double my money at around 8 cents in the future.
Thanks to that DJC report, now it is 5 cents close with a market cap of $21 million which is very cheap with a 2.4Bt washed coal Inferred resource.
It is a medium to long term hold for me.
I initially bought a tiny parcel of NMR at 4.6 cents after the...
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Last
18.5¢ |
Change
-0.015(7.50%) |
Mkt cap ! $169.8M | |||
| Open | High | Low | Value | Volume |
| 20.0¢ | 20.0¢ | 18.0¢ | $309.5K | 1.618M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 116223 | 17.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 18.5¢ | 30769 | 1 |
View Market Depth
| Last trade - 16.10pm 24/06/2025 (20 minute delay) ? |
| NMR (ASX) Chart |