I'm never one to bag on stocks I own as I just sell them.....
BUT I AM PRETTY UNHAPPY WITH NVA RIGHT NOW!
The SP has basically halved in a month...
Ok, it has been dropping on low volumes the last few weeks with now news but it still SUCKS!
Delays are par for the course in mining so I am not too worried about that. Not one company releases news when they are expecting it to arrive..NEVER.
But as it stands doing the consol before resource increase, Indicated portion and scoping study was a bad decision! Where are the supposed funds that were interested? The SP is the lowest it has been in a long time so should be great buying here? I realize it's early days into the consol so I hope my comments are really proven wrong in coming months!
The only thing I take solace in is that Management have been buying shares and a couple are the biggest NVA share holders so they are currently eroding their own $ value too! So I do believe they will turn it around when we get the news we have been waiting for. We just don't know when that will be!
And the market is showing it doesn't either!
Here's to hoping things improve into the new year.
Ok, rant over for now LOL.
Merry Xmas all!
General Chat, page-3626
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Last
20.5¢ |
Change
-0.015(6.82%) |
Mkt cap ! $44.08M | |||
| Open | High | Low | Value | Volume |
| 21.0¢ | 21.0¢ | 19.5¢ | $8.718K | 42.01K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 39956 | 19.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 20.5¢ | 8317 | 1 |
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| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| NVA (ASX) Chart |