NOX 2.94% 6.6¢ noxopharm limited

As a shareholder, what is the market telling me? Among a number...

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    As a shareholder, what is the market telling me?

    Among a number of indicators, I look mainly at things like book value . So the equation of assets over liabilities and then looking at the number of shares on the registry to try and estimate what each NOX share could be deemed independently to be worth.

    So for arguments sake, lets say NOX shares have a book value of ten cents.

    If that is close to correct, then what that tells me is that the market still values NOX shares at around four times what they would be worth if the company sold up everything tomorrow.

    I would say on that basis, that the market continues to endorse Noxopharm in a big way.

    Hence Harvet is continuing to conduct a vendetta against the company because he continues to cherry pick items without taking the big picture into account.
 
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Last
6.6¢
Change
-0.002(2.94%)
Mkt cap ! $19.28M
Open High Low Value Volume
6.7¢ 6.9¢ 6.6¢ $13.31K 198.1K

Buyers (Bids)

No. Vol. Price($)
1 1137 6.6¢
 

Sellers (Offers)

Price($) Vol. No.
6.7¢ 22400 1
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Last trade - 15.50pm 28/06/2024 (20 minute delay) ?
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