NVA 6.82% 20.5¢ nova minerals limited

Evolution Capital Research Report Update, page-3

  1. 1,620 Posts.
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    You may have happily participated in the latest 17cps raise - it was not offered to retail holders. You got your shares at a 6 cps discount to the market, at the time. I think if retail holders had been included, then the sp may not have collapsed as it did because the dumping may never have occurred. All speculation, I know. No sympathy here. But, it did display how poor this management can perform - aborted buy back, lack of communication especially on rotorx, blaming everyone else (eg covid) on their missed deadlines and other non-believable excuses (eg delayed scoping study) leading to shareholder frustration. Fortunately, they now appear to be righting the situation and the sp is on the improve.
 
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