NTU 9.09% 2.0¢ northern minerals limited

Ok..What can I say. Where to start.. I am not an Aus/NZ holder,...

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  1. 515 Posts.
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    Ok..What can I say.

    Where to start.. I am not an Aus/NZ holder, I am Greek, so essentially I am screwed. Although I have the feeling I can average down to this price as I believe it will fall down to 0,078 in time.

    The management sucks imo. They could do a CR if necessary, but

    1. Not at a 20% discount to an already supressed price. They show weakness and sheer incapability.

    2. They could do a secondary raising including all present shareholders (not only AU/NZ) at a let's say 1 new to 7 old (they have about 700M shares, so they would only increase to 770M) at 0,09AUD and gather 9MAUD.

    Total idiots imo.
 
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Last
2.0¢
Change
-0.002(9.09%)
Mkt cap ! $135.9M
Open High Low Value Volume
2.2¢ 2.2¢ 2.0¢ $48.07K 2.306M

Buyers (Bids)

No. Vol. Price($)
22 6572864 2.0¢
 

Sellers (Offers)

Price($) Vol. No.
2.1¢ 700000 1
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Last trade - 16.10pm 28/11/2024 (20 minute delay) ?
NTU (ASX) Chart
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