Hello all I have been following this stock for a couple of years or so. I hope you do not mind my intrusion into the discussion.
I could list many fundamental reasons why I like NTU but I do not want to go over your points which have been excellent.
Quickly, excellent management working with confidence have not put a foot wrong and forward planning is superb. Market - everything NTU's way from China moving gradually to internal consumption, HREE mix, shortages and supply concerns.
Geology, new projects, upcoming off-take agreement, sale of gold assets, coming maiden JORC and etc all fantastic this is an interesting stock and market cap is attractive thanks to the long correction during a protracted risk off phase in global equities.
I want to leave you with an observation it is not a prediction. NTU looks as if the correction may soon be complete as per the chart below.
I circled the weekly RSI as they look very similar and we may be complete now. I also measured the three corrections over the past 5 years and they also look similar - almost on a harmonic. We are also now at the point of a small pennant - something has to give. Of course fundamentals will launch any new up-leg and the correction may extend - I say this to cover myself in case I am wrong.
It looks like it is time for both the fundamentals and technicals to align at last. Thank you for your posts and information I have enjoyed your discussion. I run a small fund and NTU is most certainly included (small weighting) even though I am gold based - so I consider this exceptional.
Regards,
CW
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Last
2.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $132.5M |
Open | High | Low | Value | Volume |
2.0¢ | 2.0¢ | 1.9¢ | $170.1K | 8.543M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
37 | 14819324 | 1.9¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.0¢ | 658216 | 6 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
37 | 14819324 | 0.019 |
44 | 19223719 | 0.018 |
31 | 16146654 | 0.017 |
11 | 3227500 | 0.016 |
15 | 3056525 | 0.015 |
Price($) | Vol. | No. |
---|---|---|
0.020 | 658216 | 6 |
0.021 | 6853435 | 15 |
0.022 | 3849792 | 7 |
0.023 | 1953821 | 6 |
0.024 | 2444144 | 7 |
Last trade - 14.35pm 08/10/2024 (20 minute delay) ? |
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