Australia's largest stock trading and investment forum Australia's #1 stock forum

NVA

Click for more information

2.63%

18.5¢ nova minerals limited

NVA Chart, page-1992

First 1992 Last

Share
Profile

Follow
timmy70

917 Posts.

225

08/05/24

18:26

Post #: 73732064
Share

Originally posted by princey37: ↑

12c raise for US$5 million is ~64 million shares = ~27% dilution. If this happens the entire management team needs to be sacked, tarred and feathered.

IMO if they need to get the listing done so we can get to fair value, then raise as little as possible, i.e. less than $1 million, tell the US investors to get stuffed, we have enough cash to scrape through for another 12 months. Project likely gets delayed but we wouldn't lose a third of the company for pocket change.

Expand

Princey you cant say anything bad about management, it is all Covid's fault.

NVA Price at posting: 24.0¢ Sentiment: Sell Disclosure: Held
Upvote

0 Great analysis

Reply

Top Stories

SS1

Sun Silver gets that drill to thrill feeling from high grade hits at Maverick Spring

SFX

Sheffield Resources achieves milestone production, shipments at Thunderbird, WA

NIM

Nimy extends sulphide targets at Mons with new anomalies identified

ASX200 dives as inflation clocks in at 4% – higher than 3.8% consensus

NXM

Drilling at Bethanga shows signs of Cu-Au porphyry system for Nexus

There are more pages in this discussion • 44 more messages in this thread...

First 1992 Last

Add NVA (ASX) to my watchlist

(20min delay)
Last 18.5¢		Change -0.005(2.63%)		Mkt cap ! $39.78M

Open	High	Low	Value	Volume
18.5¢	19.0¢	18.0¢	$156.0K	833.3K

Buyers (Bids)

No.	Vol.	Price($)
6	108607	18.0¢

Sellers (Offers)

Price($)	Vol.	No.
18.5¢	601	1

View Market Depth

No.	Vol.	Price($)
6	108607	0.180
4	70000	0.175
4	129650	0.170
1	50000	0.165
3	103125	0.160

Price($)	Vol.	No.
0.185	601	1
0.190	128562	3
0.200	5000	1
0.210	40216	4
0.220	6000	1

Last trade - 16.10pm 27/06/2024 (20 minute delay)

NVA (ASX) Chart