Was looking at the 2020 half yearly report and compared it to 2022 one.
From the 2020 report, we had much lower net asset, only around $1 million. In 2022, we now have $40 million.
I also checked the total number of shares issued back in 2020. A bit hard to find but there were around 167 million shares. Back in 2020, we crashed to $0.083 per share on 13th March. This means NOV had market cap of $13.8 million (x13 net asset)
Now, we have 335 million shares (a bit less than double). However, our asset is x40 times comparing to 2020. Our market cap is now, $67 million.
I'm not a professional trader nor accountant but entry now seems extremely low risk. Feel free to comment
Was looking at the 2020 half yearly report and compared it to...
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Last
3.4¢ |
Change
-0.002(5.56%) |
Mkt cap ! $13.81M | |||
| Open | High | Low | Value | Volume |
| 3.7¢ | 4.1¢ | 3.4¢ | $187.9K | 4.949M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 127555 | 3.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.5¢ | 150000 | 1 |
View Market Depth
| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| NOV (ASX) Chart |