NVA 1.69% 29.0¢ nova minerals limited

If Nova is going to explode to 40c why is there a large...

  1. 1,443 Posts.
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    If Nova is going to explode to 40c why is there a large institutional seller unloading at 18c? You don't have to be a rocket scientist to see whoever the seller is, they have a very large position and are parked at 18c. They know there is enough interest not to spoke the endless droves of buyers, so they can happily keep unloading until their position is exhausted. I'm not bagging the stock, I'm just wondering if anyone can offer a solid reason why the seller seems happy to sell at (what appears) to be a sizable discount?
 
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Last
29.0¢
Change
-0.005(1.69%)
Mkt cap ! $61.76M
Open High Low Value Volume
29.5¢ 29.5¢ 26.5¢ $51.68K 188.5K

Buyers (Bids)

No. Vol. Price($)
1 2962 27.0¢
 

Sellers (Offers)

Price($) Vol. No.
28.0¢ 370 1
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Last trade - 15.19pm 29/04/2024 (20 minute delay) ?
Last
29.0¢
  Change
-0.005 ( 0.00 %)
Open High Low Volume
28.0¢ 29.0¢ 26.5¢ 58594
Last updated 15.19pm 29/04/2024 ?
NVA (ASX) Chart
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