RE: Volume12 Aug 2025 10:36
Always about MC never sp, eg who remembers WRN the crazy share that went into suspension at 3.25p and came back out and within 3 sessions roasted to hit £3.32p before overheating and being re suspended at 89p.......
Never any knowing, what a following herd wind , will do to a share in vouge, especially recovery stories (Mr Market loves them) , the fact is WRN might have gone crazy BUT at its high, was still only a MC of around £73m , only around 25m shares in issue.
Share base and old and achievable new MC's , are always far more important that a current sp (for traders etc)
With still low shares in issue 247.5m, a lot of scope for a major re-rate (not spike) here at NTVO, how many here have seen, dozens of miners and oilers, on good news race to MC of £100m - £500m and of course GGP over £1.25 Billion. You just never know BUT
Given what we know, is a MC of £10-£20m for NTVO , even a remotely demanding near term target, for a GOLD production company..........GLA