NRT stock hasn't moved up enough today to keep in line with US trading in NVGN shares on the Nasdaq.
Last night NVGN traded as high as $2.22 (equivalent ASX price) and closed at $1.98.
So at current prices $1.78 there looks to be some arbitrage. Either NVGN shares will come off or NRT will rise higher. With Novogen undergoing a massive re-rating upwards I will stick my neck out and suggent NRT will match NVGN over the next few days.
Cheers,
Munch.
Novogen - Still undervalued
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Last
44.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $31.75M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 50000 | 73.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 44.0¢ | 3000 | 1 |
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| Last trade - 16.12pm 22/11/2019 (20 minute delay) ? |
| KZA (ASX) Chart |
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