NVA 20.0% 18.0¢ nova minerals limited

I have zero faith on any mining stock unless they prove...

  1. 1,783 Posts.
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    I have zero faith on any mining stock unless they prove something. I can give you a very long list of such species I invested in over the years and ALL of them eventually fail. Just check 88E, CLA, AVQ, KKR, AVL, CLQ to name a very few of such stocks. All of them had "Potential" they never realised. I am sick of continuous ramping that entices inexperienced people, like I used to be, to invest their hard earned money on these projects and more often than not they end up in big losses. As for NVA, there is no liquidity in this stock; it's only being played by some smart traders. They pump the fundamentals 24/7 and then dump their shares for quick profit. This is going on for months now.

    I am not bearish, nor bullish on this one long term unless drill results are out, resource is measured and feasibility studies are out. Anything invested before this is pure gamble. If I would ever gamble on a spec stock, I would on something that has some liquidity to get in and out without affecting the price too much, which is not the case here.
 
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Last
18.0¢
Change
0.030(20.0%)
Mkt cap ! $43.84M
Open High Low Value Volume
16.5¢ 19.0¢ 16.5¢ $90.81K 517.3K

Buyers (Bids)

No. Vol. Price($)
1 4036 18.0¢
 

Sellers (Offers)

Price($) Vol. No.
19.0¢ 48053 3
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Last trade - 15.59pm 17/09/2024 (20 minute delay) ?
NVA (ASX) Chart
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