NTI

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5.7¢ neurotech international limited

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20/08/24

09:35

Post #: 75280243
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Originally posted by mj873: ↑

unfortunately with the last raise, management didn't value the company in the mid teens with the raise being done at 10c.

The shareprice had good momentum trading between 11-13c heading into good results. The good results arrived but announced with the 10c raise. Personally, I would have let the results speak for themselves without a 10c raise dulling the news. They weren't desperate for cash and had they hit mid teens, some option holders may have sent cheques into the company. The raise was heavily over subscribed, so could be argued it was done too cheap and they possibly could have raised at 12c which would have sent a more positive signal to the market.

Just my speculation of course..... It could be argued they were wise to raise when they could in this market. But they certainly put a halt to the momentum they had built.

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Thank you for your insight , much appreciated ,,, SP has started to turn in an upward direction again , NTO SH need to value their Holdings... simple stuff , don't sell down to the buyers ,,, just wait for them to come up to your asked sale price NZT

NTI Price at posting: 7.8¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 5.7¢		Change 0.000(0.00%)		Mkt cap ! $58.97M

Open	High	Low	Value	Volume
5.8¢	5.8¢	5.7¢	$705	12.36K

Buyers (Bids)

No.	Vol.	Price($)
1	150000	5.4¢

Sellers (Offers)

Price($)	Vol.	No.
5.5¢	172	1

View Market Depth

No.	Vol.	Price($)
1	150000	0.054
12	3008849	0.053
3	537745	0.052
3	410000	0.051
7	1545710	0.050

Price($)	Vol.	No.
0.055	172	1
0.056	63000	1
0.058	126889	1
0.059	128477	2
0.060	376997	3

Last trade - 10.10am 01/11/2024 (20 minute delay)

NTI (ASX) Chart

Thank you for your insight , much appreciated ,,, SP has started...

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