No,
For that kind of drop you would need several factors coming together.
NMT is a smallcap/midcap. These are highly susceptible to interest rates.
The rumors about inflation in the US and its possible impact on interest rates.
To me it is essential to analyse a company on its own merit but also within its wider context. Call it a form of micro and macro economic analysis
General Neometals related news, page-4361
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Last
11.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $71.62M | |||
| Open | High | Low | Value | Volume |
| 11.5¢ | 12.0¢ | 11.0¢ | $103.3K | 894.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 5517 | 11.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 12.0¢ | 279161 | 2 |
View Market Depth
| Last trade - 16.10pm 24/05/2024 (20 minute delay) ? |
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Last
12.0¢ |
Change
0.000 ( 4.53 %) |
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| Open | High | Low | Volume | ||
| 11.5¢ | 12.0¢ | 11.0¢ | 333002 | ||
| Last updated 15.59pm 24/05/2024 ? | |||||
| NMT (ASX) Chart |