NTM nt minerals limited
Add to My Watchlist 25.0% ! 0.3¢

I see Target price of more than 0.23 As per the report Ausdril...

  1. bruno408
    33 Posts.
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    31/07/17
    18:15
    Post #: 26193963
    I see Target price of more than 0.23
    As per the report Ausdril has received 4,235,101 fully paid ordinary shares in exchange to drill for equity worth $1 million
    Hence if they are looking at the $1 million cost to drill in exchange of 4,235,101 shares.
    Means they expect the price per share would reach atleast $1million/4,235,101 =23 cents
    Currently it's at 4.4 cents
    I just cancelled my open sell order for 10 cents..
    I believe this will definitely go beyond 23cents.
    Please correct me if I am wrong !!
    NTM Price at posting: 4.4¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch.  Great analysis
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Price($) Vol. No.
0.3¢ 9331697 10
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