Mm, not quite circling the drain yet. The worst case scenario I can see is that the company puts up the shutters and waits for "better times" to develop the mine, going into a holding pattern in the interim. Second worst case is a takeover at far less than the resource is worth were it properly developed.
My gut feeling is that there are probably a few parties waiting for the pre-feasibility study (due out Real Soon Now) before committing to anything, and that we're going to see relatively low volume (486,000 shares traded so far today, around $42k worth) until that happens. But then, I'm so far underwater, I might as well ride this out to the bitter end. :(
Disappointing, but there is still potential ... whether it's worth holding on, selling out, or buying more is something you have to decide for yourself. I've got nothing.
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getting ready for a shake up., page-34
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Last
18.0¢ |
Change
-0.005(2.70%) |
Mkt cap ! $47.86M |
Open | High | Low | Value | Volume |
18.5¢ | 18.5¢ | 17.5¢ | $111.7K | 625.4K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 516338 | 17.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
18.5¢ | 44926 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
5 | 516338 | 0.175 |
5 | 831674 | 0.170 |
3 | 306774 | 0.165 |
4 | 263156 | 0.160 |
1 | 51212 | 0.155 |
Price($) | Vol. | No. |
---|---|---|
0.185 | 44926 | 1 |
0.195 | 71880 | 2 |
0.200 | 5500 | 1 |
0.215 | 10807 | 2 |
0.220 | 18500 | 1 |
Last trade - 16.10pm 11/07/2024 (20 minute delay) ? |
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PEK (ASX) Chart |