Yes, I could maybe buy cheaper on the market but, unless the market price is 5c or less, I don't mind paying the premium and giving the money to NOV. Call it an insurance premium on my existing investment.
I am also disgusted by the management's incompetence but I am hoping AUDD and IBOA will turn ths ship around some time in the future. As long as the company doesn't fold, I can wait. The opportunity cost of the money tied up in NOV is something I can't do anything about since I don't want to sell at a 90% loss.
P.S. At this point this investment is squarely in the 'gamble' category, yes.
Ann: Proposed issue of securities - NOV, page-34
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Last
4.1¢ |
Change
0.000(0.00%) |
Mkt cap ! $14.58M | |||
| Open | High | Low | Value | Volume |
| 3.9¢ | 4.1¢ | 3.8¢ | $12.44K | 316.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 540439 | 4.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 4.1¢ | 14540 | 1 |
View Market Depth
| Last trade - 16.10pm 14/06/2024 (20 minute delay) ? |
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Last
4.1¢ |
Change
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| Open | High | Low | Volume | ||
| 4.0¢ | 4.1¢ | 4.0¢ | 34875 | ||
| Last updated 14.55pm 14/06/2024 ? | |||||
| NOV (ASX) Chart |