Why do you think that? As I said, if we get a drop in price on the DFS (assuming it's not a disaster), it should only be brief. The only reason we are anywhere near as low as we are is because of scepticism about the DFS being any good. We traded in the high 20s and earlier this year briefly in the mid 20s just on speculation about the possibility of this being a viable venture. A DFS which actually proves it should send us well above 30c, so if we were to drop from here we'd be looking at a share price below half what the market knows it's imminently going to, and that surely couldn't last for long at all.
Either way, 21c before the DFS would be very nice. The TA strongly suggest we'll get it (unless the DFS comes out before we get there, which wouldn't bother me one bit).
I'm confident we'll all be grinning ear to ear this time next week.
All IMHO of course.
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Last
3.6¢ |
Change
0.000(0.00%) |
Mkt cap ! $90.91M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 1034061 | 3.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.5¢ | 700000 | 1 |
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| Last trade - 07.10am 27/06/2025 (20 minute delay) ? |
| QPM (ASX) Chart |
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