You cannot have 9.6moz gold at this market cap without there being a glaring issue.
Either the market is totally clueless, the gold cannot be mined at a profit or management are totally untrustworthy.
So forget making snide remarks about downrampers, pip traders or holders with little patience.
They are not to blame for the dismal SP.
Holders who bought a year ago are sitting on a big fat loss for a year of investment.
Instead ask yourself why other companies are not taking a percentage holding in Nova.
After all Nova has a percentage holding in three other companies at our miserly market cap but no one wants a slice of Nova.
We have the gold lets see if extraction is profitable.
Look forward to the SS to give an indication.
General Chat, page-3709
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Last
13.5¢ |
Change
0.005(3.85%) |
Mkt cap ! $32.88M | |||
| Open | High | Low | Value | Volume |
| 13.5¢ | 13.5¢ | 13.0¢ | $12.97K | 97.63K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 63061 | 13.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 14.0¢ | 42846 | 1 |
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| Last trade - 16.10pm 07/08/2024 (20 minute delay) ? |
| NVA (ASX) Chart |