KOV 0.11% $8.99 korvest ltd

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  1. 16,536 Posts.
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    "what is on the horizon in the way of further info from management after their recent report which the market did not react positavely to which will change the direction of the sp price movement up. I know you dont worry about price fluctuation if the fundamentals are sound which in this instance is the case. However the fall has been signifficant and would appear to be on going from the 3.84 high"

    Apologies, I missed your post as I don't visit the KOV thread very often (basically only around three times a year: interim result, final result, and AGM time. Outside of those times, I tend to not think about the company at all.)

    In response to your post, I really think you worry far too much about what the share price is doing.

    This is a micro-cap stock whose share trade is highly illiquid, meaning that just a few thousand shares changing hands can cause large fluctuations in the value of the company.

    I mean, it went from ~$2.60 to $3.84 in the space of a few weeks.
    Why you are anxious about it then falling back to $3.05 is something that escapes me.

    Rather spend your time thinking about this performance of the business, and its valuation.
 
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Last
$8.99
Change
-0.010(0.11%)
Mkt cap ! $104.9M
Open High Low Value Volume
$9.10 $9.21 $8.99 $113.7K 12.44K

Buyers (Bids)

No. Vol. Price($)
2 1550 $8.97
 

Sellers (Offers)

Price($) Vol. No.
$9.14 8749 1
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Last trade - 14.52pm 04/07/2024 (20 minute delay) ?
KOV (ASX) Chart
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