This thing is totally pumped on paper, still holding a mkt cap just under $100M with 1.1bn SOI.
Oct 2016, just 19 months ago it was less than half that @ 498M >
Oct 2017, just 7 months ago @ 708M >
The 3yr "pilot" is an acknowledged loss maker, totally reliant on 40/45% taxpayer funding according to Argonaut, any future development dependent DyO values virtually doubling, as China adds 40% volume to production quotas, yet the mkt cap has continued to inflate as SOI have more than doubled in 19 months?
Remains a total mystery how such massive printing of stock has pumped the mkt cap to these levels, with no prospects vaguely in sight for positive cash flow, or even a credible business plan.
This thing is totally pumped on paper, still holding a mkt cap...
-
- There are more pages in this discussion • 3 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add NTU (ASX) to my watchlist
 (20min delay)
|
|||||
|
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 |
View Market Depth
| Last trade - 16.10pm 28/11/2024 (20 minute delay) ? |
| NTU (ASX) Chart |
