If it company is unchanged underneath and the price drop is just sentiment related from people who never understood the company, then you can be brave and make lots of money ... but you've got to be right fundamental wise.
i don't know enough about nvx to give a view but here's an example of buying the big drop...
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If it company is unchanged underneath and the price drop is just...
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Last
54.0¢ |
Change
-0.005(0.92%) |
Mkt cap ! $266.5M |
Open | High | Low | Value | Volume |
53.5¢ | 55.5¢ | 53.5¢ | $503.0K | 932.6K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 11847 | 54.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
55.0¢ | 4920 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 11847 | 0.540 |
3 | 12599 | 0.535 |
19 | 316322 | 0.530 |
10 | 56640 | 0.525 |
7 | 41889 | 0.520 |
Price($) | Vol. | No. |
---|---|---|
0.550 | 4920 | 2 |
0.555 | 1500 | 1 |
0.560 | 20610 | 2 |
0.565 | 10000 | 1 |
0.570 | 15283 | 2 |
Last trade - 16.10pm 09/09/2024 (20 minute delay) ? |
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NVX (ASX) Chart |