It is in the Govt's BEST interest to prevent this from being drawn out with legal proceedings and also media exposure.
However i don't believe that NTM would be looking to settle for $25M, or even close to it. Keeping in mind there were a LOT of investors buying in at near $1/PS and on every level underneath that.
Personally i do think that there will be an early settlement, which will allow this to be swept under the carpet and both parties are happy, but as mentioned this was a BILLION $ project that was simply dismissed.
Realistically i think NTM is looking for a MIN compensation of $100M
25c here we come???, page-2
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Last
0.2¢ |
Change
-0.001(33.3%) |
Mkt cap ! $4.069M | |||
| Open | High | Low | Value | Volume |
| 0.2¢ | 0.2¢ | 0.2¢ | $140 | 70.05K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 14 | 10253196 | 0.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.3¢ | 160000 | 2 |
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| Last trade - 13.20pm 27/11/2024 (20 minute delay) ? |
| NTM (ASX) Chart |
