Limon and Elparma sort of curse really, two company making huge projects. This I’ve seen played out many times, split focus, massive capital demands to drive both at once, two sure fire reasons why investors are sitting on the sidelines. RXM is another classic example like this with a great cu au play at Hillside while also discovering a potential bonanza size au play in Nevada. Yet like STM, RXM’s SP is bargain basement. Both companies trading at enterprise valuation one could justify for just one of either companies resources. Capital doesn’t like a company led by a team with split priorities and without a clear single focus. It’s also a struggle to get excited about a company with no end of cr’s on the near horizon. sTM need to find an exit fast for one of these resources or existing shareholders are going to be diluted into the ether
AIMHO DYOR
- Forums
- ASX - By Stock
- Ecuador and general reseach.
Limon and Elparma sort of curse really, two company making huge...
- There are more pages in this discussion • 93 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add STM (ASX) to my watchlist
(20min delay)
|
|||||
Last
1.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $42.00M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 700566 | 1.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.0¢ | 150000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 703566 | 0.012 |
24 | 8868867 | 0.011 |
12 | 4595800 | 0.010 |
9 | 3387954 | 0.009 |
11 | 6148948 | 0.008 |
Price($) | Vol. | No. |
---|---|---|
0.010 | 150000 | 1 |
0.011 | 453567 | 2 |
0.012 | 4582092 | 8 |
0.013 | 2186150 | 3 |
0.014 | 2490335 | 6 |
Last trade - 09.57am 07/05/2024 (20 minute delay) ? |
Featured News
STM (ASX) Chart |
Day chart unavailable
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
Previous Video
Next Video
SPONSORED BY The Market Online