Hi Broosta,
I disagree somewhat. I think management having skin in the game, and a significant amount too, means our objectives are aligned. I think the spin off and separate listing is a good way to fund the project while reducing dilution in NVA on the ASX.
They have already stated that they have had offers to buy/invest in the project from the USA. We are early stages.
Lithium has taken a hit lately and this is probably more responsible for the recent sell down than anything else.
Longer term hold here so also a lot of retail holders probably jumping ship rather than tie up capital, which is fair enough.
Ann: Nova to Unlock the Value of its Lithium Projects, page-74
Add NVA (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
21.5¢ |
Change
-0.030(12.2%) |
Mkt cap ! $46.23M | |||
| Open | High | Low | Value | Volume |
| 23.5¢ | 23.5¢ | 18.5¢ | $20.30K | 98.15K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 9999 | 21.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 24.0¢ | 3300 | 1 |
View Market Depth
| Last trade - 16.10pm 08/07/2024 (20 minute delay) ? |
| NVA (ASX) Chart |