thanks. I m no expert. I understand sp may not reflect mc. Also sp should have its correction in the longer term closer to its mc. But it’s still very hard for me to digest the sp decline 70%+. I’ve asked myself a few questions today.
Do I think the current sp a good entry point? Yes absolutely strong buy now.
Do I see the sp fall further in the short term? No not really but the recent decline from 30 cents drove me nuts. Seems nothing impossible.
has the fundamental change?
yes better and better.
If I don’t have any holdings, will I buy now?
Yes.
why am I worry then?
man, it’s been massively declining in the last nine months. Regal and others exited their position at a loss. NOV investors relations team seems very comfortable with their sp massive decline. That’s really worry me.
thanks. I m no expert. I understand sp may not reflect mc. Also...
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Last
3.4¢ |
Change
-0.002(5.56%) |
Mkt cap ! $13.81M | |||
| Open | High | Low | Value | Volume |
| 3.6¢ | 3.7¢ | 3.3¢ | $56.37K | 1.624M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 786999 | 3.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.4¢ | 115541 | 1 |
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| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| NOV (ASX) Chart |