If it company is unchanged underneath and the price drop is just sentiment related from people who never understood the company, then you can be brave and make lots of money ... but you've got to be right fundamental wise.
i don't know enough about nvx to give a view but here's an example of buying the big drop...
Welcome new comers! Some good info for you. And don't listen to thesunny123, page-65
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Last
69.0¢ |
Change
0.005(0.73%) |
Mkt cap ! $337.4M | |||
| Open | High | Low | Value | Volume |
| 69.0¢ | 70.0¢ | 68.5¢ | $300.0K | 432.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 132316 | 68.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 69.0¢ | 7736 | 1 |
View Market Depth
| Last trade - 16.10pm 09/07/2024 (20 minute delay) ? |
| NVX (ASX) Chart |