Contrary to my earlier hypothesis that the MPA will cause a 2c spike and that the SP will settle around 1.2c, I now believe that the MPA (if signed and triggers a legally binding contract for construction) may very well be the pin that bursts the $50m MC bubble. I’m betting it will be and that at circa .005c the stock will indeed be pumpable again. There’ll be heaps of great positive spin announcements on the progress of the small-scale R&D pilot plant to look forward to. It will be just like the good old days. Bring it on!
GL.
Financial Closure, page-18
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Last
0.3¢ |
Change
-0.001(25.0%) |
Mkt cap ! $9.515M | |||
| Open | High | Low | Value | Volume |
| 0.4¢ | 0.4¢ | 0.3¢ | $297 | 79.57K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 55 | 17643627 | 0.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.4¢ | 14484105 | 27 |
View Market Depth
| Last trade - 15.59pm 19/07/2024 (20 minute delay) ? |
| ECT (ASX) Chart |