i think you are missing the point
it isnt just NVA
it is all gold small caps. they are all in a full blown bear market and nothing is moving the stocks.
continuing the burn cash and hoping the SP will move is like hitting a dead horse.
IMO, only options are a pause, pivot or sale.
continuation down the development path is dangerous. gives less incentive for new investors to buy and same time creates more incentive for shareholders to cut losses and sell before they are caught into another CR
i think you are missing the pointit isnt just NVAit is all gold...
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Last
13.0¢ |
Change
-0.005(3.70%) |
Mkt cap ! $31.66M | |||
| Open | High | Low | Value | Volume |
| 13.0¢ | 15.0¢ | 13.0¢ | $24.17K | 185.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 99999 | 13.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 14.5¢ | 30000 | 1 |
View Market Depth
| Last trade - 16.10pm 16/08/2024 (20 minute delay) ? |
| NVA (ASX) Chart |