|Bid||0.5850 x 0|
|Ask||0.5900 x 0|
|Day's range||0.5550 - 0.5850|
|52-week range||0.2000 - 1.0000|
|Beta (5Y monthly)||0.70|
|PE ratio (TTM)||N/A|
|Forward dividend & yield||N/A (N/A)|
|1y target est||N/A|
There's no doubt that money can be made by owning shares of unprofitable businesses. For example, Kalamazoo Resources...
Novo Resources Corp. (“Novo” or the “Company”) (TSX-V: NVO; OTCQX: NSRPF) is pleased to announce that it has subscribed for 10 million units (each a “Unit”) of Kalamazoo Resources Limited (ASX:KZR) (“Kalamazoo”) at AUD $0.40 per Unit (the “Kalamazoo Financing”). Eric Sprott, a director of Novo, has also subscribed for an identical amount. Each Unit is comprised of one Kalamazoo ordinary share and one whole unlisted option (each a “Warrant”).