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Neo Performance Materials Inc NOPMF


Primary Symbol: T.NEO

Neo Performance Materials Inc. is a Canada-based company that provides advanced industrial materials, rare earth magnetic powders and magnets, specialty chemicals, metals, and alloys. The Company's business segments include Magnequench, Chemicals and Oxides (C&O) and Rare Metals (RM). The Magnequench segment production of permanent magnetic powders used in bonded and hot-deformed, fully dense neodymium-iron-boron (NdFeB or neo) magnets. The C&O segment manufactures and distributes a broad range of advanced industrial materials. The RM segment sources, reclaims, produces, refines, and markets specialty metals and their compounds. These products include both high-temperature metals (tantalum, niobium, hafnium and rhenium) and electronic metals (gallium and indium). These powders and bonded permanent magnets are used in motors, which are used in various automotive applications for hybrid, electric and internal combustion engine vehicles, and micro motors for household applications.


TSX:NEO - Post by User

Comment by throwaway11on Sep 20, 2022 4:49pm
228 Views
Post# 34974811

RE:RE:Pure irrationality

RE:RE:Pure irrationalitySorry but this doesn't make any sense. Why would the party who bought at $15 willingly tank the stock because they're a few dollars under the entry price less than two months after the closing? If they know the stock is beta sensitive they would be even less inclined to do this because just selling a portion of their holdings would create a downward trajectory on the bulk which they still own. This would then create FUD with other shareholders and exacerbate it even more. It doesn't seem like something a rational actor would do.
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