NTU 5.00% 2.1¢ northern minerals limited

Happy for NTU to sell low grade as long as they don't go into...

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 1,742 Posts.
    lightbulb Created with Sketch. 86
    Happy for NTU to sell low grade as long as they don't go into debt for hundreds of millions, dilute our stock by billions or hand out stock to bondholders at 60%+ discounts. As for getting a good price they will be getting the averaged 2 month price, that's good enough for me.
    I guess LYC doesn't bother selling their concentrate because they don't need the money and instead rely on issuing shares and converting bonds at well below market value to pay off debts. Easy money if you can get away with it .
 
watchlist Created with Sketch. Add NTU (ASX) to my watchlist
(20min delay)
Last
2.1¢
Change
0.001(5.00%)
Mkt cap ! $135.9M
Open High Low Value Volume
2.0¢ 2.1¢ 2.0¢ $19.50K 965.7K

Buyers (Bids)

No. Vol. Price($)
12 3017883 2.0¢
 

Sellers (Offers)

Price($) Vol. No.
2.1¢ 3221496 14
View Market Depth
Last trade - 10.07am 25/11/2024 (20 minute delay) ?
NTU (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.