I've been down this road and sold before the scoping study as some of the ppl that have been around here a bit longer know before buying back in a when so dropped.
Managed blew 5 off million dollars at a time when they were trying to keep the sp price up for us investors. We loved it at first but the momentum and market sentiment drove the sp down at that time (no need at that time). So yes they did literally burn 5 million dollars from a cr they did but they intentions were right and how ppl don't see that and keep bringing it up I don't understand.
In saying that, look at the boards other investments... TNR / Now ASR & Snow lake are the two biggest ones and in fairness, $5 million is nothing compared to the return on investment into Snow lake yet I don't see ppl constantly blowing their trumpet for the tens of millions of dollars we have made there? ASR is also up huge for us so all in all their investment decisions have been awesome. Need I remind everyone of the recent sale of snow lake, sp hit in the 2's and we sold at $6 and what did they do with the money, strt into NVA coffers so no dilution which to me again tells me Investors best interest at heart.
I will also remind everyone that Louie and the team own more shares than all of us so if we are going to worry about the negative Nancy's that keep bringing up the Sunday afternoon cr which Chris was going to jail for according to some ppl or the buy back, tell me how much money the board has made with their investments. NVA will rerate and we need results from cathedral and RPM in my opinion but the board has made the right investment decisions every step of the way yes even the buy back was right at the team as they had our backs trying to keep so from dropping below 15c if I remember right. We use to get soo excited when we saw the company bought at close to keep the sp up hahaha
anyway, let's see what happens at cathedral and rpm, I see these prices as a massive buying opportunity and as per previous posts I even bought again last week. I now hold more nva than I ever held and I'm proud of that.
good luck to all holders
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Last
15.0¢ |
Change
-0.005(3.23%) |
Mkt cap ! $36.53M |
Open | High | Low | Value | Volume |
15.5¢ | 15.5¢ | 15.0¢ | $11.04K | 73.58K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 44377 | 14.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
15.0¢ | 6491 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 44377 | 0.145 |
5 | 302000 | 0.140 |
5 | 177000 | 0.135 |
8 | 141468 | 0.130 |
1 | 5000 | 0.125 |
Price($) | Vol. | No. |
---|---|---|
0.150 | 6491 | 1 |
0.160 | 89748 | 1 |
0.165 | 22000 | 2 |
0.175 | 10000 | 1 |
0.180 | 27701 | 3 |
Last trade - 14.55pm 03/09/2024 (20 minute delay) ? |
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