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
10.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $62.28M | |||
| Open | High | Low | Value | Volume |
| 10.0¢ | 10.3¢ | 10.0¢ | $84.48K | 839.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 34 | 1152864 | 10.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 10.5¢ | 1086715 | 15 |
View Market Depth
| Last trade - 13.40pm 14/05/2024 (20 minute delay) ? |
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Last
10.0¢ |
Change
0.000 ( 0.99 %) |
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| Open | High | Low | Volume | ||
| 10.3¢ | 10.3¢ | 10.0¢ | 193113 | ||
| Last updated 13.54pm 14/05/2024 ? | |||||
| NMT (ASX) Chart |