Yeah I put this stock in the draw now.....the CR was just a grub move for brokers etc to have one final big accumulation before drilling.
They will use the CR as an excuse to push back the drilling, why on earth would they do a CR before drilling when they had cash reserves to easily get through this quarter. But nah lets do a CR without doing the drilling at a stupidly low price and tree shake a lot of investors out. Complete grub play by management.
I dont mean to downramp the stock cause i do own a fair share of this stock but gezz this management team has a complete lack of respect for shareholders.
Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-70
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Last
0.6¢ |
Change
-0.001(8.33%) |
Mkt cap ! $14.82M | |||
| Open | High | Low | Value | Volume |
| 0.6¢ | 0.6¢ | 0.5¢ | $1.018K | 188.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 50 | 7807817 | 0.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.6¢ | 6974481 | 12 |
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| Last trade - 15.33pm 26/06/2025 (20 minute delay) ? |
| BNL (ASX) Chart |