$2.90 should be a reasonable area of value moving forward.
1. insto/ soph raise
2. postponing and confirming SPP price - good move.
3. directors confirmation of placement subject to shareholder approval - great leadership and confidence
Today's price offers 20% upside just to return to that area of value, and I'm assuming there must be significant upside from there as well.
Can't see why you would be willing to sell at these prices. I'm buying, and thanking the shorters for this trade.
Ann: CONFIRMATION OF DIRECTOR PLACEMENTS, page-35
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Last
61.5¢ |
Change
-0.010(1.60%) |
Mkt cap ! $303.0M | |||
| Open | High | Low | Value | Volume |
| 63.0¢ | 63.0¢ | 60.8¢ | $425.8K | 687.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 102362 | 61.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 63.0¢ | 1000 | 1 |
View Market Depth
| Last trade - 16.10pm 07/08/2024 (20 minute delay) ? |
| NVX (ASX) Chart |