Mitsema, the market movement has influenced LITM SP but the main driver has been a majority shareholder trying to sell 30% stake in a company floated less than 6 months ago while the shares are in escrow.
Nova would have forward visibility of expenses and know how much money they need, minimum 12 months in advance. They knew they needed cash and when at the time of floating LITM. It isnt a surprise that they need cash and oops we have a fire sale of LITM shares.
Ann: Trading Halt, page-62
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Last
14.0¢ |
Change
-0.005(3.45%) |
Mkt cap ! $34.09M | |||
| Open | High | Low | Value | Volume |
| 15.0¢ | 15.0¢ | 14.0¢ | $66.62K | 463.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 3165 | 14.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 17.0¢ | 35000 | 1 |
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| Last trade - 16.10pm 29/07/2024 (20 minute delay) ? |
| NVA (ASX) Chart |