Dott i had 26 weeks from jan 15 completion date at end of july. Now end september , meaning 2 month delay not three.
On a seprate note despite the market being green on last few days i notice the small caps generally have not been.
Tax reason selling most likely which would explain the recent sell down of mhm.
As brokers got most of last years cap raising shares at 20 cents, wouldn't expect to see them to sell much below this.
Market cap is tiny for what they have got without the plant upgrade being successful.
I.e
3 million cash
3 million dolar plant
70% of 500,000 of gold at low cash costs most likely
5 million ebit (based on current margins)
silica potential
nickel potential
iron ore potential
and most importantly
"decent management"
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Last
47.5¢ |
Change
-0.005(1.04%) |
Mkt cap ! $245.7M |
Open | High | Low | Value | Volume |
48.0¢ | 48.0¢ | 46.5¢ | $318.3K | 670.6K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 13454 | 47.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
47.5¢ | 41311 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 13454 | 0.470 |
4 | 85002 | 0.465 |
8 | 159567 | 0.460 |
5 | 144948 | 0.455 |
16 | 140062 | 0.450 |
Price($) | Vol. | No. |
---|---|---|
0.475 | 41311 | 1 |
0.480 | 11394 | 1 |
0.485 | 11394 | 1 |
0.490 | 234443 | 4 |
0.495 | 19998 | 1 |
Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
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