I cannot see any value in the billions of shares on issue and the current SP in the short term.
I have known both individuals for many years and by far the best bet is whatever Norm can do. Duncan has never done anything for shareholders as far as I can recollect back to the Cons Ex days at Mt Pleasant where WMC was skinned. Jervois Sulphate was just a retirement play.
Norm has actually got mines going in Australia, Mexico, Georgia in the meantime.
Thats about 3 nil to Norm in terms of development.
Duncan has effectively lost all of his former friends and colleagues in recent years given his brand of nepotism. Norm maintains the high ground.
Do not have an answer for this stock going forward as there is no need to touch it whilst Duncan retains the keys.
Start the revolution yet again, or sell the shares is not an easy call.
But make no mistake, Duncan is at the lowest level of street cred IMO.
Cheers and good luck, TAS
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Last
1.1¢ |
Change
0.000(0.00%) |
Mkt cap ! $29.73M |
Open | High | Low | Value | Volume |
1.0¢ | 1.1¢ | 1.0¢ | $4.545K | 435.7K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
23 | 7538090 | 1.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.1¢ | 770567 | 6 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
22 | 7509157 | 0.010 |
15 | 5000476 | 0.009 |
9 | 3966499 | 0.008 |
4 | 4977776 | 0.007 |
8 | 5468331 | 0.006 |
Price($) | Vol. | No. |
---|---|---|
0.011 | 770567 | 6 |
0.012 | 3683557 | 14 |
0.013 | 4964111 | 14 |
0.014 | 3529672 | 7 |
0.015 | 3354706 | 6 |
Last trade - 16.10pm 18/09/2024 (20 minute delay) ? |
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