NPM 0.00% 1.4¢ newpeak metals limited

Our First Destination is 10 cents, page-572

  1. 1,395 Posts.
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    42 million traded makes it just over 2% of overall share registry turned over so in the grand scheme of things it's not that big of a deal. Remember there's 1.943 billion shares out there.

    Indeed maybe one or two directors needed some cash, being paid in shares 'doesn't feed the bulldog' so to speak so in my view that's the most likely reason for the sell down. Another reason may be seasoned traders timing a sell down to make it seem like insider knowledge as anns state assays are due round about now to trigger stop losses triggering a further slide. It's all fun and games but doesn't alter the long term FA on this stock.

    Besides it gives more longer viewed investors a better entry point for the next 12 month hold where we should, all things being equal, see a gradual incline in sp as the scope of the deposit/s takes shape. Las Tapias first, next in line as per ann is San Luis/El Totoral where strike length is 6km in length and the 'large, massive' spodumene chrystals were discovered at old quarry workings again as per ann.

    Most batteries are jittery at the moment, make no mistake the world is just starting to wake up to the fact that they need what goes inside of them big time. A wise investment window for this philosophy imo is minimum 5 years minimum.
 
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Last
1.4¢
Change
0.000(0.00%)
Mkt cap ! $4.166M
Open High Low Value Volume
0.0¢ 0.0¢ 0.0¢ $0 0

Buyers (Bids)

No. Vol. Price($)
2 314285 1.4¢
 

Sellers (Offers)

Price($) Vol. No.
1.6¢ 500 1
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Last trade - 16.12pm 31/07/2024 (20 minute delay) ?
NPM (ASX) Chart
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