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No. of Recommendations: 0
Nearly missed it.
NML is Niugini Mining, NLY is Normandy Mount Leyshon.
Just checked out the 12 month and 24 month graph.
The 12 month graph showed spikes at 6 month intervals with one coming up now so I assume they are due to pay their dividend soon.
3 months after spikes they were down to about $1.70 in both cases.
A strategy might be to buy now, take this div, but sell just before the next one - or buy 3 months after the div hoping for a runup to the next div, you could then decide wether to take the div or the capital gain.
Check the charts out and see if you think its worth it.

Barcoo
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