In my experience the value catches up eventually, even when the market initially ignores something. But to say companies are judged on share price and comparing it to where we are now is a little naive with the delay many shares face in being correctly valued and the obvious manipulation that runs rampant on the asx. Further to this, to think NAE will sit at the price it is now if we start getting some cashflow through from Redmoor is crazy talk. Marketing or not. I guess it just depends on your time frame. Im not one that frequents the day trader forums.
As far as ramping goes, I am genuinely positive about this company, I look at it and think wow, it is crazy cheap. But I never talk about price levels and post "we will hit $1.00 by the end of the week" type stuff. I post articles I find, give alternate views to those that wish to attack the company because of their bitterness from poor decisions made and try to keep the current situation the company is in fresh on the forums. I have at times expressed concerns like you mentioned, but in general I have not seen as many issues here as some others.
You always say that you post good and bad. But that is just not true, you never post positive things here, never like positive news articles or videos and never defend against some of the absolute rubbish some post here on occasion. So forgive me if I am sceptical of your motives.
And for the record, I do not have any personal relationship with Gary, my opinion is based on my communication with him, his progress with the projects we hold and most of the decisions he has made, including his decision to join with Strategic Minerals on the Redmoor project. I have a lot of experience reading people in CxO roles and have made my own judgements on Gary and the rest of the NAE team.
You get so upset that I am positive here, yet we both have money in this company and I assume you would like it to go up rather than down? (Just a hunch). You own part of it, so giving Gary advice is not something you should be so dismissive of. It is not difficult, just a quick email, faster than posting here. Gary is quite humble, perhaps to his detriment, but I guarantee if you have a good idea, it wont be dismissed.
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Last
0.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $7.175M |
Open | High | Low | Value | Volume |
0.5¢ | 0.5¢ | 0.5¢ | $1.158K | 251.7K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
35 | 18768585 | 0.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.5¢ | 11288198 | 8 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 2200000 | 0.006 |
9 | 8299899 | 0.005 |
6 | 3650000 | 0.004 |
3 | 2622888 | 0.003 |
3 | 4000100 | 0.002 |
Price($) | Vol. | No. |
---|---|---|
0.007 | 2536904 | 6 |
0.008 | 3066187 | 5 |
0.009 | 1057001 | 6 |
0.010 | 5904545 | 3 |
0.011 | 500000 | 1 |
Last trade - 10.07am 29/11/2024 (20 minute delay) ? |
NAE (ASX) Chart |