Anyone like to guess why out "of the blue" a big player like Neometals (NMT) took stake... of all the 90 odd Lithium players on the ASX they take a stake in this one? ... I think I can guess. ...and similarly why again out of nowhere a large Chinese player is hovering around this company and not another local company?
I suspect simple short term traders and stale holders responsible for the recent sell down... But in my book it needed the flush out of hot money to more steady hands . This has been achieved now pretty much ... smarter money will assume control shortly. Personally I was not willing to buy that spike above 10c ...but am intensely interested now. Watch the volume and reducing spread it will be the key to timing. All is IMHO only
Ann: Programme of Work Approval Received, page-50
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Last
1.6¢ |
Change
0.001(6.67%) |
Mkt cap ! $12.72M | |||
| Open | High | Low | Value | Volume |
| 1.6¢ | 1.7¢ | 1.6¢ | $59.86K | 3.727M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 1797920 | 1.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.7¢ | 1643174 | 5 |
View Market Depth
| Last trade - 10.58am 18/11/2024 (20 minute delay) ? |
| ESR (ASX) Chart |
