Betting on bounce back on Wednesday as investors realize that Novo shares have to get down closer to $1.00 before they even approach value parity with ARV. Novo shares were so inflated by unrealistic expectations and so many investors were so duped that this very well could be a textbook example over-investing in a stock price based purely on hyped hope. The other example in the mining industry I can think of was rare earth miner Molycorp (Molycorpse). As Novo shares continue to fall (I know ARV has some but not huge deal in larger context) my guess is that ARV shares will continue to move in the other direction not only because of gold, but also because of the other minerals in Artemis' treasure chest, especially cobalt. I realize that many here don't want to recognize Artemis for what it is, a diversified mining junior. But, I think that probably is one of the differences between investors and traders. This diversity is one aspect that truly separates ARV from NVO. I like to deal with the reality of any company in which I bet my money.
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Novo ann just released, page-202
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Last
1.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $23.00M |
Open | High | Low | Value | Volume |
1.2¢ | 1.2¢ | 1.2¢ | $4.481K | 373.4K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
7 | 1500541 | 1.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.2¢ | 649999 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
7 | 1500541 | 0.011 |
8 | 4812500 | 0.010 |
7 | 6779444 | 0.009 |
3 | 4247505 | 0.008 |
3 | 310000 | 0.007 |
Price($) | Vol. | No. |
---|---|---|
0.012 | 649999 | 2 |
0.013 | 1356136 | 4 |
0.014 | 1702912 | 8 |
0.015 | 5057673 | 10 |
0.016 | 1300000 | 2 |
Last trade - 09.59am 14/11/2024 (20 minute delay) ? |
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ARV (ASX) Chart |