Nope you are correct hence why it is ludicrous to believe or even hope it will get to a $1 with the amount of shares this lot have atm and market cap. what $2+ billion company has shares for a dollar? It would be an embarrassing look. There's a reason why this SP despite great reassuring production news hasn't moved and even treaded lower. There's too much weight to lift. And no, positive drill results won't make this get to 10-15 cents (double or triple the value of the company).
Spin and justify all you want folks but SP will be heavily limited until they consolidate.
Top up or miss out, page-724
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Last
2.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $92.98M | |||
| Open | High | Low | Value | Volume |
| 2.2¢ | 2.2¢ | 2.1¢ | $72.98K | 3.320M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1039150 | 2.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.3¢ | 1092871 | 5 |
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| BCN (ASX) Chart |