Ppl are selling because the mkt cap is still $150mln....and it looks like their Kaolin will remain stranded in the ground. The plant is too expensive to build, transport is expensive, and binding off-takes for substantial tonnage haven't eventuated.
Selling will be exhausted eventually...and the stock will bounce....but the fundamentals of making a profit to justify the mkt cap are hard to envisage unfortunately.
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Last
0.9¢ |
Change
0.000(0.00%) |
Mkt cap ! $28.84M |
Open | High | Low | Value | Volume |
0.9¢ | 0.9¢ | 0.9¢ | $5.649K | 646.8K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
47 | 16078734 | 0.8¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.9¢ | 17955586 | 20 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
47 | 16078734 | 0.008 |
59 | 32221369 | 0.007 |
38 | 17839490 | 0.006 |
17 | 13521000 | 0.005 |
5 | 7400000 | 0.004 |
Price($) | Vol. | No. |
---|---|---|
0.009 | 17955586 | 20 |
0.010 | 10364677 | 14 |
0.011 | 27376522 | 9 |
0.012 | 30045921 | 7 |
0.013 | 2310111 | 3 |
Last trade - 12.50pm 11/10/2024 (20 minute delay) ? |
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