NVA 2.78% 17.5¢ nova minerals limited

NVA fair valuation - 25c for 2.5 Moz, 40c for 4 Moz, 50c for 5 Moz and so on ..., page-139

  1. 30 Posts.
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    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
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