Whoever bought some 3M oppies at .001 today may feel that the scenario you suggest is worth the very high risk.
I recently sold some heads at 0.8c in another company only to watch it go over 2c when the Lithium part of it came up trumps! So what you suggest is definitely possible.
WCNOA, page-8
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Last
1.7¢ |
Change
0.000(0.00%) |
Mkt cap ! $27.69M | |||
| Open | High | Low | Value | Volume |
| 1.7¢ | 1.7¢ | 1.7¢ | $133.0K | 7.829M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 4311530 | 1.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.7¢ | 2754406 | 4 |
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| Last trade - 16.10pm 17/09/2024 (20 minute delay) ? |
| WCN (ASX) Chart |