the one thing that is still lacking is an institutional investor, or a large entrepreneur figure who is a serious heavy hitter and will get the sp up to a level where it belongs.
i believe the potential alone warrants a market cap of $50 million. far more speculative mining explorers out there will caps in the 100's of mill's - this sort of company just is not flavour of the month at present.
when it proves itself that will change however. good tech stocks like slx & pxs have shown that investors will still flock when they get real results on the board. myself i think zyl have got quite a few runs already and i really cant understand why the sp remains so cheap but im not big enough to get it moving myself (i have bought all i can already).
happy to wait for what i think is the inevitability that nick and his crew will land a really big job that will see the sp up around 30 to 40cps which is where it belongs.
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Open | High | Low | Value | Volume |
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No. | Vol. | Price($) |
---|---|---|
14 | 5104216 | 1.7¢ |
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Price($) | Vol. | No. |
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29 | 11549861 | 0.016 |
43 | 11272732 | 0.015 |
57 | 17229626 | 0.014 |
17 | 4556915 | 0.013 |
Price($) | Vol. | No. |
---|---|---|
0.018 | 1576451 | 6 |
0.019 | 3916784 | 15 |
0.020 | 7443489 | 19 |
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