The warrants are ridiculously priced IMO, if you buy them for even US$5 today, that's a total cost per share in 5 years of AU$0.31 depending on the exchange rate of course. I've messaged IBKR to see what they say about trading them. I'd bet most people here have an average higher than that!
I might dollar cost average into them over the next 12 months if the market crashes!
"Each whole warrant is exercisable for one ADS at an exercise price of US$7.266 per ADS"
Effectively, one share is US$0.1211, plus whatever you pay for the warrant.
Ann: Formal Appointment of Nova Independent Chairman, page-14
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Last
15.0¢ |
Change
0.005(3.45%) |
Mkt cap ! $36.53M | |||
| Open | High | Low | Value | Volume |
| 15.0¢ | 16.0¢ | 15.0¢ | $45.85K | 295.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 49791 | 15.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 15.5¢ | 1000 | 1 |
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| Last trade - 16.10pm 05/09/2024 (20 minute delay) ? |
| NVA (ASX) Chart |