NVA 4.17% 25.0¢ nova minerals limited

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

  1. 1,455 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
25.0¢
Change
0.010(4.17%)
Mkt cap ! $53.24M
Open High Low Value Volume
25.5¢ 25.5¢ 24.5¢ $32.85K 131.8K

Buyers (Bids)

No. Vol. Price($)
1 7179 24.5¢
 

Sellers (Offers)

Price($) Vol. No.
25.0¢ 65850 1
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Last trade - 15.59pm 16/05/2024 (20 minute delay) ?
Last
24.5¢
  Change
0.010 ( 2.00 %)
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24.5¢ 24.5¢ 24.5¢ 3270
Last updated 12.46pm 16/05/2024 ?
NVA (ASX) Chart
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