I am tipping nobananas long term. I think that it will push to about 4c in the mean time or perhaps beyond but will struggle to hold in uncertain markets. Stocks can have plenty of potential but bad management always bring it back down. This stock will definitely have its good weeks - every dog has its day. The resource is undoubtedly massive and is ridiculously cheap In comparison. Too many shares on issue and too many pis5ed off holders will mean there will be no shortage of sellers. This stock is going to frustrate holders for a long time to come. So to sum up, this is now a traders stock - buy on volume spikes. I think under 4c is very good value. Lots of panic out there but was a good reversal today and good to see some bids come in thank goodness. Volume was low. Once I hit my level, there are plenty of other good value stocks out there with much better management teams - at least ones that know how to write announcements!
NMR Price at posting:
3.3¢ Sentiment: None Disclosure: Held