^ WTF is going on? Here's what's going on. The cash position that was so kindly donated by the shareholders during peak market euphoria is quickly shrinking and the on-going dilution through performance bonuses and such is quite remarkable, so it is only natural for the share price / market cap to adjust accordingly. It doesn't help that there seem to be no material news that would suggest positive turnaround. In general, companies exist to create value which translates into (positive) cash flow. Is there anything here that would suggest positive cash flow to you? The cash moves only one way: out of the window and into the pockets of the big executives.
Media Watch - NVX related, page-11397
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Last
68.5¢ |
Change
-0.010(1.44%) |
Mkt cap ! $337.5M | |||
| Open | High | Low | Value | Volume |
| 67.5¢ | 71.5¢ | 67.5¢ | $422.4K | 604.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 38687 | 68.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 70.0¢ | 14137 | 3 |
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| Last trade - 16.10pm 22/07/2024 (20 minute delay) ? |
| NVX (ASX) Chart |