Everyone needs to understand this. If you held NVX shares prior to the trading halt you were allocated a free option to buy 1 for 1 at 29 cents. So every seller from that Friday 29th May still has this free option. The uptake will be 95% or more. The ones not taking this offer have no understanding of what is happening. Money is not the issue as you can sell since 29th May and still get this 29 cents. So lots of profit taking would of already been occuring. It really is the increase in demand linked to announcements re DPMG and the patent plus Tesla rumours that have created this weird situation. The flood of new shares at 29 strike price is offset by the new buyers at higher prices. So if I pre TH owned 10 k of shares and sold at 1.00 a few days ago I have no shares now. I do still have an option to buy 10 k at 29 cents. Yes please.
Everyone needs to understand this. If you held NVX shares prior...
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Last
73.0¢ |
Change
0.040(5.80%) |
Mkt cap ! $359.6M | |||
| Open | High | Low | Value | Volume |
| 69.0¢ | 73.5¢ | 68.0¢ | $857.2K | 1.192M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 57 | 72.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 73.0¢ | 11198 | 2 |
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| Last trade - 16.10pm 26/07/2024 (20 minute delay) ? |
| NVX (ASX) Chart |