What a ride NMT is...
NMT is my absolute favourite company of all time, great innovator. I first bought in when the market cap exceeded NTA in April 2019 - 22.5c
Chris at the time joked about how the market had priced him to be such a dud that the company was valued less than the cash
they had in the bank. I liked the self deprocation and the assets they held and the fact that they had money in the bank.
I doubled down in June 2020 when the price was 15.5c
Have sold twice since to recoup initial investment at 49.5c (May 2021) and again at $1.02 (Oct 21)
Recently watched Chris Reed's presentation at the most recent AGM - and he filled me with confidence- his swagger and down to earth relaxed demeanour explaining why neometals is such a good investment in a simple no nonsense way - this is rare in the corporate world.
I have made it simple for myself with 2 share price trigger points - $1 buy and $10 sell.
I expect a volatile ride in the meantime but it doesn't matter. I have now have faith in what this company is doing. It's a superb business idea and they keep doing what they said they would.
Happy holding NMT S/Hs
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Last
12.0¢ |
Change
0.015(14.3%) |
Mkt cap ! $82.78M |
Open | High | Low | Value | Volume |
10.5¢ | 12.0¢ | 10.0¢ | $189.6K | 1.785M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 52090 | 11.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
12.0¢ | 375122 | 8 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 52090 | 0.110 |
8 | 403219 | 0.105 |
22 | 754020 | 0.100 |
1 | 50000 | 0.099 |
1 | 50000 | 0.096 |
Price($) | Vol. | No. |
---|---|---|
0.120 | 375122 | 8 |
0.125 | 141604 | 3 |
0.130 | 115000 | 2 |
0.135 | 280000 | 1 |
0.140 | 102502 | 4 |
Last trade - 16.10pm 08/10/2024 (20 minute delay) ? |
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NMT (ASX) Chart |