Sorry, I haven't worked through all the numbers. But we all expected SP to rise after MRE (obviously failed) and also after SS2. Most of us need 100% growth in SP to get back to entry level. I can't see any movement. Okay, maybe I should be happy that the SP is not falling after another news, but where is the boost in the SP? Take a look at the chart. NVA has traded above AUD 1.00 all year in 2021. Now we are trading at a third of that. Why is no one jumping in, when SS2 is good and the project has less risk? Is there anything we can't see that all the other investors see? It is not enough to say that SP is undervalued. If that would be the case, why is no one buying these cheap shares?What will it take to get the SP back to AUD 1.00? I am tired...
Ann: Robust Phase 2 Scoping Study for the Estelle Gold Project, page-58
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Last
28.0¢ |
Change
0.030(12.0%) |
Mkt cap ! $76.14M | |||
| Open | High | Low | Value | Volume |
| 25.0¢ | 28.0¢ | 25.0¢ | $64.69K | 238.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 168269 | 25.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 28.0¢ | 16999 | 2 |
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| Last trade - 16.10pm 01/11/2024 (20 minute delay) ? |
| NVA (ASX) Chart |