sf, I spoke to someone that spoke directly with Chris. So from the horse's mouth more or less. Will be interesting to see what bells do with it. They're sitting on a $600k loss currently (59m x 1c). If they are to pump it which looks very very unlikely, they'll need to get it to at least 4.3c to suck their clients in. Their tranche 1 holders haven't had any reason to celebrate so it will be tough for them to get the same guys on board. Only way is through new clients to NMR. Countryboy, I don't think Bells are that smart to do this to burn traders. I think they have given up on it for some reason. Paps, you're right, volume is very low for what is now a 25% sell off.
NMR Price at posting:
3.1¢ Sentiment: None Disclosure: Held