Wei An development brought another 16 million shares, they now hold 14.9%. This is clearly a show of confidence from our major shareholder. Now, BOA needs to think twice before they short NMG again. Someone with deep pocket will buy. Also, luckily, we are an Africa gold producer; the drop of gold price will hurt most of Aussie producer a lot more. We will be ok as long as gold price stay above $1200. Ramping up the production, we should ride out this bear market.
major share holder increasing holding
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Last
$1.08 |
Change
-0.010(0.92%) |
Mkt cap ! $324.0M | |||
| Open | High | Low | Value | Volume |
| $1.10 | $1.10 | $1.07 | $406.7K | 375.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 4934 | $1.07 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.10 | 8132 | 2 |
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| Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
| ACF (ASX) Chart |