Believe mraligator is refering to the fact this will be formalised mid August.
And no - I don't believe this is priced in at even the slightest.
Trading below 1c... at only $13m mcap.
These guys basically had a cashflow positive quarter with over $4m in receipts for quarter - that alone is a sufficient case to have sprung this above 1c.
Massive Upside, page-46
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Last
0.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $14.06M | |||
| Open | High | Low | Value | Volume |
| 0.6¢ | 0.6¢ | 0.5¢ | $8.954K | 1.517M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 26 | 17669876 | 0.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.6¢ | 936174 | 3 |
View Market Depth
| Last trade - 16.10pm 18/11/2024 (20 minute delay) ? |
| AUK (ASX) Chart |