I bought at $0.32, held at $0.20 (did not like it but held) and sold @ $0.33.
As a shareholder, would I prefer a scenario where a company had great fundamentals and was being shorted to a scenario where it was being pumped without fundamentals to back it up the answer is yes! Shorting comes and goes but fundamentals are what make or break companies. If NMG can make $100m NPAT a year no shorter will be able to keep the share price below $0.70. If the excuses continue, we all know what will happen.
The last announcment was too generic and with too many cliches to make me feel secure about the investment. The clarity is just not there at present. Could be great news on the horizon but without some data we are all in the dark.
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Mkt cap ! $305.9M |
Open | High | Low | Value | Volume |
99.0¢ | $1.02 | 98.5¢ | $540.4K | 539.2K |
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No. | Vol. | Price($) |
---|---|---|
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Price($) | Vol. | No. |
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2 | 39433 | 0.985 |
1 | 44517 | 0.980 |
1 | 25000 | 0.975 |
1 | 5000 | 0.970 |
Price($) | Vol. | No. |
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1.020 | 50000 | 1 |
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