NVA 4.17% 25.0¢ nova minerals limited

Just out of interest, what's you guesstimate for dilution % from...

  1. 3,480 Posts.
    lightbulb Created with Sketch. 454
    Just out of interest, what's you guesstimate for dilution % from this IPO? The way management have been hinting, it feels like there is capacity to sell $50 million worth. Or do they take the approach of minimum dilution (say 5% - 10%) for the IPO and force the banks to buy the ASX shares and resell the ADS's.
    It will be interesting to see in 12 months where the majority of the register is owned from, I'd think 30-40% minimum US owned in 12 months would be a success, if the SP increase comes with it obviously.
 
watchlist Created with Sketch. Add NVA (ASX) to my watchlist
(20min delay)
Last
25.0¢
Change
0.010(4.17%)
Mkt cap ! $53.24M
Open High Low Value Volume
25.5¢ 25.5¢ 24.5¢ $32.85K 131.8K

Buyers (Bids)

No. Vol. Price($)
1 7179 24.5¢
 

Sellers (Offers)

Price($) Vol. No.
25.0¢ 65850 1
View Market Depth
Last trade - 15.59pm 16/05/2024 (20 minute delay) ?
Last
24.5¢
  Change
0.010 ( 2.00 %)
Open High Low Volume
24.5¢ 24.5¢ 24.5¢ 3270
Last updated 12.46pm 16/05/2024 ?
NVA (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.