And that is precisely my point Tibbs. WMT great for a trade and nothing else. That's what I mean by looking at market response and surmising that this confirms a stock is worth more than another. I don't think market response is necessarily a good indicator of actual resource value.
I am a little bitter so I need to declare that up front. The fact that EXT has not been a market darling does not necessarily mean their resource is sub-standard but it still upsets me that they are not given the benefit of the doubt like others seem to be.
I think some things feed on themselves. Whilst I would not want to diminish BMN's resource I think it also helped that at a time of great demand for U stocks BMN had a low number of shares available (in comparison to EXT and DYL).
Also BMN were focussed on Namibia and were not distracted with gold mines in WA like EXT were.
I guess I am learning that there are things like number of shares on issue, self-promotion, right place right time etc that I need to be aware of if I am to ride more 10 baggers.
I still think that if EXT does come up with the goods the sheer logic of it and the sheer value of it HAS to be recognised by the big boys, even if the retail buyers are still fighting over WMT shares.
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Last
1.1¢ |
Change
0.000(0.00%) |
Mkt cap ! $18.42M |
Open | High | Low | Value | Volume |
1.2¢ | 1.2¢ | 1.1¢ | $19.48K | 1.708M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 399358 | 1.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.2¢ | 11469214 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 399358 | 0.011 |
8 | 2114402 | 0.010 |
4 | 1610000 | 0.009 |
5 | 2099994 | 0.008 |
4 | 647992 | 0.007 |
Price($) | Vol. | No. |
---|---|---|
0.012 | 11469214 | 3 |
0.013 | 7021905 | 9 |
0.014 | 10081428 | 6 |
0.015 | 6344179 | 4 |
0.016 | 500712 | 2 |
Last trade - 14.58pm 11/11/2024 (20 minute delay) ? |
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