Market Cap is double what it should be for this junior explorer. 35M is about right for what this company has to offer currently. They are burning through cash and will need a raise soon. No production in sight, no buy out or takeover in sight, they are stuck on this pathway. How long the money lasts depends on investors. The market does not trust clay or DLE projects and has priced all accordingly.
BLM COUNTDOWN, page-527
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Last
2.0¢ |
Change
-0.001(4.76%) |
Mkt cap ! $89.47M | |||
| Open | High | Low | Value | Volume |
| 2.1¢ | 2.1¢ | 1.9¢ | $108.7K | 5.506M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 25 | 4004306 | 1.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.0¢ | 315675 | 5 |
View Market Depth
| Last trade - 16.10pm 24/06/2024 (20 minute delay) ? |
| AZL (ASX) Chart |