It dropped 90% because it went up 800% ¯\_(ツ)_/¯
In all seriousness, I think the question is flawed and there's no sensible answer. If market conditions influenced the rise, then market conditions also influenced the fall. It doesn't make sense to ignore one side of the equation.
And for what it's worth, with very few exceptions the sentiments expressed here don't have a meaningful impact on the markets. Not worth getting stuck in the weeds over trying to find correlations.
Media Watch - NVX related, page-9173
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Last
66.5¢ |
Change
-0.005(0.75%) |
Mkt cap ! $327.6M | |||
| Open | High | Low | Value | Volume |
| 67.0¢ | 67.5¢ | 66.0¢ | $236.9K | 355.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 28080 | 66.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 67.5¢ | 13000 | 2 |
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| Last trade - 16.10pm 18/07/2024 (20 minute delay) ? |
| NVX (ASX) Chart |