Nothing actually to do with lithium.....Novo doesnt have any, only a very minor share in an unproven prospect, jointly with an also-ran that is too late on the scene. Very little value here.
Buyers obviously dont realise that NVO is listed on the TSX and the combined market cap, plus liabilities make it grossly overvalued! They are in for a wild ride!
New low on TSX overnight, no surprises, could take another 6 months to reach a bottom which consensus on canadian forums predict will be around 5c canadian.
Novo Resources, page-79
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Last
10.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $11.13M | |||
| Open | High | Low | Value | Volume |
| 10.0¢ | 10.5¢ | 8.8¢ | $41.87K | 447.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 8244 | 10.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 10.5¢ | 267941 | 2 |
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| Last trade - 13.50pm 04/10/2024 (20 minute delay) ? |
| NVO (ASX) Chart |