More naivety here. Shares bounce up and down, even if they’re undervalued.
Yes, in the long term we all know NVA will be worth much more than it is - but we jumped from 5c to 10c in a matter of weeks. It doesn’t take a genius to see that that won’t last.
I’ve been calling it for over a week now, and we’re seeing it happen. We’re going to see a slow drift down to 9.0c or high 8s, and then a plateau for a little bit, before we start going up again.
No share just goes up and up and up. People are taking profits and moving on/waiting for reentry.
I’m saying it upfront so people don’t go crazy and lose all hope over the next week. A 20% dip is totally NORMAL and expected from here. Either hold through, stop checking every 5 min and don’t worry yourself, or sell and rebuy at around 9c for a quick profit. Personally, I’m mainly holding, sold a bit above 10, and have a lot of orders in around the 9.0c mark.
GLTA!
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Last
17.5¢ |
Change
-0.005(2.78%) |
Mkt cap ! $42.62M |
Open | High | Low | Value | Volume |
18.0¢ | 18.0¢ | 17.0¢ | $29.65K | 167.8K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 2500 | 16.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
18.0¢ | 21990 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 2500 | 0.165 |
4 | 101163 | 0.155 |
7 | 165467 | 0.150 |
3 | 141378 | 0.145 |
5 | 555000 | 0.140 |
Price($) | Vol. | No. |
---|---|---|
0.180 | 21990 | 1 |
0.190 | 26896 | 2 |
0.195 | 4995 | 1 |
0.200 | 43461 | 2 |
0.220 | 4500 | 1 |
Last trade - 15.56pm 18/09/2024 (20 minute delay) ? |
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NVA (ASX) Chart |