Media Watch - NVX related, page-11372

Kokoro...try book value...plus a little.
Now the closer we get to Book Value the more likely it will hold up okay... in the usual Sept/ October/ November sell off ... ie US Market Adjustment ..(As I said I hate October) ...all shares adjust to market stress....why does it happen..."let me make a suggestion"..most businesses get a discount for their Christmas orders if they pay within 7 days and to get delivery for Christmas Orders are put through at least three months before Christmas ...Orders are sizeable and smaller businesses sell shares to provide "the liquidity for their Christmas Stocking" ....And this puts the market into a Sell Mode which generates Fear...It is what it is.
However ..the correction squeezes out shares from the hands of weak holders ..and the reversal positive rebound is very quick because no more loose shares are available.."so selling at these levels gives little opportunity for the seller to buy back shares before the rebound" ..in most cases of shares near book value this sharp rebound will happen after a market sell -off.
NVX at book value is a screaming buy below 75c....So in my opinion you are not remotely in the ball park on your price evaluation of 50c!!!
It Will do What It Has to Do!!!
I Say Again...Not much makes sense "in the short run" in any share price!!!!
All the best to all.