Inclined to agree.
I would rather gamble on the SP being MUCH higher for a cap raise when the funds are needed.
Get some drilling results in from Estelle or maybe a surprise result from the Canadian listing?
The directors have put a substantial amount of their hard earned into NVA at a higher price.
NVA have a buy back happening as we know.
So not in favour of dilution right now and I would think the board would not be either.
At the end of the day I am hoping for no dilution under 10c SP.
Yep in case you cannot see it I'm bullish on Estelle.
Ann: Annual Report to shareholders, page-35
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Last
20.0¢ |
Change
0.015(8.11%) |
Mkt cap ! $54.38M | |||
| Open | High | Low | Value | Volume |
| 19.5¢ | 20.0¢ | 19.0¢ | $266.6K | 1.361M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 90000 | 19.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 20.0¢ | 66257 | 2 |
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| Last trade - 16.10pm 16/10/2024 (20 minute delay) ? |
| NVA (ASX) Chart |