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
11.0¢ |
Change
-0.005(4.35%) |
Mkt cap ! $71.62M | |||
| Open | High | Low | Value | Volume |
| 11.5¢ | 11.5¢ | 11.0¢ | $4.039K | 35.29K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 15 | 431256 | 11.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 11.5¢ | 145273 | 13 |
View Market Depth
| Last trade - 10.51am 30/05/2024 (20 minute delay) ? |
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Last
11.0¢ |
Change
-0.005 ( 2.14 %) |
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| Open | High | Low | Volume | ||
| 11.5¢ | 11.5¢ | 11.0¢ | 34849 | ||
| Last updated 11.09am 30/05/2024 ? | |||||
| NMT (ASX) Chart |