its never about a specific event - and stock pops around an event are 95% sugary and non lasting
but a broad framework of consistent outreach makes big differences to lt outcomes. a challenge is small cap stocks often dont have funding certainty - though thats not bml's issue.
if you have a look at say MTA.TSXV - that stock sustainably re-rated 2x over peer royalty co's on p/NAV basis. why - because the ceo understands investors and works to meet their needs - because he was one for a long time.
you have to have the proposition to do it with ofc. there has to be a unique selling proposition - if it just looks drab avg the best efforts generally wont move the needle
even with all that going - a bear market still means stock price falls back. just does it from a higher place into a deeper more persistent buying base
which is why leaders stay leaders and laggards typically get increasingly sub optimal shareholder returns over time - because there's constant dilution in any mining company or pre-cashflow stock life cycle
but its an invisible opportunity cost day to day, only becomes visible in a very long term chart comparing peers over time.
its why nst chart looks the way it does.
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Last
8.1¢ |
Change
-0.005(5.81%) |
Mkt cap ! $18.90M |
Open | High | Low | Value | Volume |
8.6¢ | 8.6¢ | 7.9¢ | $70.80K | 876.7K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 2704 | 8.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
8.8¢ | 58270 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 2704 | 0.081 |
2 | 35000 | 0.080 |
1 | 32000 | 0.078 |
1 | 10000 | 0.075 |
1 | 100000 | 0.071 |
Price($) | Vol. | No. |
---|---|---|
0.088 | 6000 | 1 |
0.092 | 57203 | 2 |
0.095 | 8930 | 1 |
0.100 | 58124 | 4 |
0.105 | 215380 | 3 |
Last trade - 15.32pm 09/08/2024 (20 minute delay) ? |
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