Sigh.
Appreciate your mathematics 101 - but let me give you a dose of reality 101.
Junior explores get diluted through cap raises. its part of the business, bad management or not. When one of your holdings get diluted by 6%, you need to increase your shares but at least 6%. You need to continually increase your holding as dilutions happen if you want to maintain your original share of the company. If you don't, someone else will nibble away at your share of the pie therefore reducing your potential gains, as your mathematics have pointed out.
We are lucky the price will take a big hit here. If you believe in the Estelle project, now is the perfect time to top up. in fact, its a great time in INCREASE your share. If you want out, last week would have been a good time to get out, otherwise, wait for the next pump.
Sigh.Appreciate your mathematics 101 - but let me give you a...
Add NVA (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
20.5¢ |
Change
0.015(7.89%) |
Mkt cap ! $55.99M | |||
| Open | High | Low | Value | Volume |
| 19.5¢ | 20.5¢ | 19.5¢ | $17.48K | 87.18K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 99903 | 20.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 20.5¢ | 4738 | 1 |
View Market Depth
| Last trade - 16.10pm 19/11/2024 (20 minute delay) ? |
| NVA (ASX) Chart |