I don't see any imputes for a share price appreciation here for at least another 2 or 3 months, meaning the shorting and selling pressure may continue, unless of course they have a left-field, exploration success.
I know my limitations in fully interpreting financials, so please pick my thoughts apart, but from my initial reading....
It seems that gains tend to have come from non-cash and rebate type reasons, offset by lower metal prices and/or lower grades being achieved.
At least Nova seems all on track now, and is being self-funded. In addition, the cash position has improved.
Overall.....meh.
Will be interesting to see the market reaction over the next week as all this is processed properly.
Milesy
I don't see any imputes for a share price appreciation here for...
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Last
$5.09 |
Change
-0.110(2.12%) |
Mkt cap ! $3.937B | |||
| Open | High | Low | Value | Volume |
| $5.11 | $5.20 | $5.09 | $15.77M | 3.077M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 44376 | $5.09 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $5.10 | 48941 | 4 |
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| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| IGO (ASX) Chart |
