Not correct. The IPO is effectively a roadshow for NVA. No USA investor isn't going to do some due diligence on NVA and realise they can get Snowlake + Estelle for 250m AUD/181 USD market cap. If you are slinging money into the Snowlake ipo, why wouldn't you consider a punt on NVA.asx as well. Also, don't forget they have already had take over offers for snowlake, pretty easy M&A to buy a stake in NVA.
Company correspondence, page-16
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Last
28.0¢ |
Change
0.030(12.0%) |
Mkt cap ! $76.14M | |||
| Open | High | Low | Value | Volume |
| 25.0¢ | 28.0¢ | 25.0¢ | $64.69K | 238.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 168269 | 25.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 28.0¢ | 16999 | 2 |
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| Last trade - 16.10pm 01/11/2024 (20 minute delay) ? |
| NVA (ASX) Chart |