NMT 5.00% 10.5¢ neometals ltd

General Neometals related news, page-3241

  1. 2,374 Posts.
    lightbulb Created with Sketch. 1594
    It really is one of the most exciting companies I'm looking at and invested in.

    The transformative nature of the technologies being developed in terms of innovation, cost curve, speed to market and scale are why I'm here, and which also leaves me with very few concerns.

    Each of these near term opportunities could be considered "company making" if they were in a small start up, but the fact they are all (currently) in one company is what's really exciting for me.

    Despite having a bit of cash in the bank, a $300m market cap is not insignificant for a company that and currently has very little in terms of immediate revenue streams.

    Whilst the share price has fallen a long way from previous highs in a frothy market, the current valuation can be rationalised given macro factors and investor impatience for delays.

    That said, I think new highs should be expected on the next 1 to 3 years (depending on how optimistic you want to be) despite expectations for more rational valuations in the next few years.

    No sentiment because it's a logical investment, but I'm definitely buying.
    Last edited by thecrabpest: 17/06/23
 
watchlist Created with Sketch. Add NMT (ASX) to my watchlist
(20min delay)
Last
10.5¢
Change
0.005(5.00%)
Mkt cap ! $65.39M
Open High Low Value Volume
10.0¢ 11.3¢ 10.0¢ $143.8K 1.336M

Buyers (Bids)

No. Vol. Price($)
8 548804 10.5¢
 

Sellers (Offers)

Price($) Vol. No.
11.0¢ 51055 3
View Market Depth
Last trade - 16.10pm 20/05/2024 (20 minute delay) ?
Last
10.8¢
  Change
0.005 ( 7.50 %)
Open High Low Volume
10.5¢ 11.0¢ 10.5¢ 452607
Last updated 15.58pm 20/05/2024 ?
NMT (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.