NVA 16.1% 23.5¢ nova minerals limited

Might just be me, but I suspect something might be up!Can anyone...

  1. 4,143 Posts.
    lightbulb Created with Sketch. 520
    Might just be me, but I suspect something might be up!
    Can anyone explain why we have had steady volumes with falling prices since the start of the year. Now more recently strong and rising volumes with rising prices.
    Can this be simply marked down as the US listing impact? I don't think it is from arbitrage as there would be more selling pressure on ASX, since it's been leading.
    I think we are seeing capitulation under the 20c level that is being soaked up by new long term investors, i.e. that want to see it in production.

    https://hotcopper.com.au/data/attachments/6408/6408984-e35271acffbb23a40de88dc45a8e52e1.jpg
 
watchlist Created with Sketch. Add NVA (ASX) to my watchlist
(20min delay)
Last
23.5¢
Change
-0.045(16.1%)
Mkt cap ! $63.90M
Open High Low Value Volume
25.0¢ 25.0¢ 23.5¢ $165.2K 675.8K

Buyers (Bids)

No. Vol. Price($)
4 183169 23.5¢
 

Sellers (Offers)

Price($) Vol. No.
25.0¢ 433 1
View Market Depth
Last trade - 16.10pm 04/11/2024 (20 minute delay) ?
NVA (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.