NVA 1.64% 15.5¢ nova minerals limited

"A margin loan allows you to buy shares by paying only a...

  1. 2,499 Posts.
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    "A margin loan allows you to buy shares by paying only a fraction of the cost of the shares upfront, and the lender uses your shares as security for the loan. The prices of shares move frequently, and you risk losses if they fall in value. Lenders often express your level of gearing using a loan-to-value ratio (LVR) or gearing ratio."

    This is likely to be the reason the SP is under performing. So hold on if you can. Fundamentals will win out.

    I know that most people cannot get a margin loan on a company like Nova. But some people can. It's usually Directors and investment companies and the like.

 
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15.5¢
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15.3¢ 15.5¢ 15.0¢ $15.88K 102.8K

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16.0¢ 100000 1
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Last trade - 16.10pm 30/08/2024 (20 minute delay) ?
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