I think it's Argonauts they got burnt during the Lynas days, if I remember right from the last broker data they were buying low 5's and selling high 5's making their 10-15%. Rinse and dry then start again.
I think NLI needs a new broker who backs the company and supports the share price rather than milks it. Someone like Cannacord who have a good reputation is well spoken about by an experienced poster on another stock, a few on here know who it is. Unfortunately getting rid of this lot will be difficult. They are entitled to 30M shares when a 15MT(?) JORC resource is announced.
Listing on AIM is even more important to find new investors away from this lot. Someone who will soak up there shares and f&#k them off entirely.
Toxic behaviour imo.
DKO Price at posting:
5.6¢ Sentiment: Buy Disclosure: Held
