ORE didnot drop that much .. so it is not related to lithium oversupply.
Its melaid reducing their holding by 7 mil
EV's has to happen .. otherwise why would all the car manufactures run to develop EV's
You will need to wait for that rollout.
NMT resource update is coming in next 3 weeks..
NMT still have to start buy back..
NMT starts making pure profit in this quarter
NMT has no debt
NMT has no ongoing costs
Even if lithium price stabilizes ... no too many are going to produce lithium hydroxide ..
YOU CAN NEVER MAKE PROFIT WHEN STOCK IS ALREADY HIGHER UNLESS YOU ARE DAILY TRADER
so have patience or sell and buy into riskier assets ..
Looks dicey, page-4
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Last
10.0¢ |
Change
-0.020(16.7%) |
Mkt cap ! $68.98M | |||
| Open | High | Low | Value | Volume |
| 9.7¢ | 10.5¢ | 9.4¢ | $298.5K | 3.002M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 307013 | 10.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 10.5¢ | 148777 | 5 |
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| Last trade - 16.10pm 11/10/2024 (20 minute delay) ? |
| NMT (ASX) Chart |