Based of the current knowledge of the 3 potential finds, and the fact that activity has just started with massive drilling over the next months, a fair value now for the the share price (pre any find) should be 7-8 cents based on comparable company market caps. The market, as we know, is a strange beast and we could get to this share price level in a week, or it might gradual over next month or two. Fundamentals great, and chart superb too. Should start to attract a lot more attention. I’ll be buying more.
Ann: Drilling Commenced at Illaara Project, page-9
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Last
1.8¢ |
Change
0.000(0.00%) |
Mkt cap ! $67.19M | |||
| Open | High | Low | Value | Volume |
| 1.9¢ | 1.9¢ | 1.8¢ | $12.89K | 699.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 13 | 1823623 | 1.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.9¢ | 411773 | 9 |
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| Last trade - 12.16pm 26/08/2024 (20 minute delay) ? |
| DRE (ASX) Chart |