The last month has been one of the worse months in the share market both here and overseas.
One only have to look at the REE sector to figure out how better off the long term NTU holders are to hold big quantity of shares .
Attempts by brokers to drop the SP of NTU have failed to scare holders from selling NTU on the cheap.
Compare the SP of NTU with that of LYC, ALK to name 2 popular REE in the sector .
"Jien mining"knows the price of dysprosium for present and anticipated price for the future .
If Jien does not know what is happening in the Dysprosium market, no one else does.
And what s more they also know the value of NTU shares for "Jien" to pay 20c a share .
IMO .The drop in Au Dollar would be to NTU advantage when raising the desired funds.
NTU Price at posting:
17.0¢ Sentiment: Buy Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)