Look at the CYL buy & sell activity today. The next and only sell order at the time of writing this post is a measly 4000 shares at $2.25, that's less than $10k.. Why is NML still at 8.5c when it is a 49% partner of Tandarra with stacked reefs and great hits down below in the latest drill result.
Are investors scared NML will now have to cough up big bucks (up to $13M if CYL want to play games and go for a 49c 51c match) if CYL demand 49% of more drill costs seeing as though CYL own the majority stake of Tandarra and this will create further dilution and capital raising for NML? What are other's thoughts, I'm at a loss as to why NML are still lingering around the $30M market cap and 8.5c share price.
5 prime projects and still no rapid launch northbound!
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Look at the CYL buy & sell activity today. The next and only...
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Last
11.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $28.55M |
Open | High | Low | Value | Volume |
11.0¢ | 11.5¢ | 10.5¢ | $99.29K | 909.0K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 371966 | 11.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
11.5¢ | 186209 | 3 |
Last trade - 16.10pm 22/11/2024 (20 minute delay) ? |
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NML (ASX) Chart |