Because it is a long long way off making money, if ever. It's a highly speculative investment which is not favourable in todays market.
Not sure I would describe NGX as having world class resource yet! SVM on the other hand, definitely.
Here we are June 2nd and have no announcement regarding capital raise. Holding statements were supposed to be sent 31st May, has anyone received their holding statements?
IPO - NGX Limited - 17 May 2023 11:00 AM AEST ##, page-6
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Last
15.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $13.59M | |||
| Open | High | Low | Value | Volume |
| 15.0¢ | 15.5¢ | 14.5¢ | $41.88K | 277.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 10000 | 15.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 16.0¢ | 1454 | 1 |
View Market Depth
| Last trade - 15.26pm 31/05/2024 (20 minute delay) ? |
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Last
15.0¢ |
Change
0.000 ( 11.8 %) |
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| Open | High | Low | Volume | ||
| 15.0¢ | 15.0¢ | 15.0¢ | 24300 | ||
| Last updated 11.01am 31/05/2024 ? | |||||
| NGX (ASX) Chart |