Use technical analysis if you want to understand the fundamentals and white noise if you want to be driven by fear. It doesn't take a seasoned investor to understand the share price is being impacted by the rotation from growth to value with micro-caps with negative cashflows being at the sharp end of this correction. You have to step back and look at the macro headwinds of inflation, increasing cost of finance and the fear of recession to understand that the landscape has changed.
If you've revisited the fundamentals and believe there's been a material change in the business case from when you invested, divest and move on. I won't be going anywhere in the short to medium term as long as the burn rate is reduced over the next 12 months when the business should become cashflow positive as reported within the last quarterly update.
- Forums
- ASX - By Stock
- NOV
- 20 cent party
20 cent party, page-426
-
- There are more pages in this discussion • 117 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add NOV (ASX) to my watchlist
(20min delay)
|
|||||
Last
5.3¢ |
Change
-0.001(1.85%) |
Mkt cap ! $19.21M |
Open | High | Low | Value | Volume |
5.4¢ | 5.4¢ | 5.3¢ | $3.49K | 65.37K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 5882 | 5.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
5.4¢ | 34355 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 5882 | 0.051 |
1 | 20018 | 0.050 |
1 | 50000 | 0.049 |
1 | 63829 | 0.047 |
4 | 138700 | 0.045 |
Price($) | Vol. | No. |
---|---|---|
0.054 | 34355 | 1 |
0.060 | 146837 | 3 |
0.063 | 27000 | 1 |
0.070 | 100000 | 1 |
0.076 | 72036 | 1 |
Last trade - 15.44pm 13/09/2024 (20 minute delay) ? |
Featured News
NOV (ASX) Chart |
The Watchlist
LPM
LITHIUM PLUS MINERALS LTD.
Simon Kidston, Non--Executive Director
Simon Kidston
Non--Executive Director
SPONSORED BY The Market Online