I'm posting about this to help allay any fears. Shorters really have no where to go, at 10% interest, so $1 is our support.
Management just needs to stay on their production and drilling course, and as the funds come in, utilise some towards a buyback. A 1% buyback, or 18.5 million shares, will move the SP at least 15c (even more as some shorts will cover).
Banter and general comments, page-27087
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Last
8.3¢ |
Change
-0.008(8.79%) |
Mkt cap ! $177.3M | |||
| Open | High | Low | Value | Volume |
| 9.0¢ | 9.0¢ | 8.3¢ | $4.722M | 56.06M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 1606055 | 8.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 8.6¢ | 110070 | 6 |
View Market Depth
| Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
| CXO (ASX) Chart |