I believe they have even done a share buy back at one stage. They might be great geologists and have shareholders interests in mind, but they also need to know how to run a company responsibly. Maybe these gestures aren't always really in our best interests. A larger cash balance could do a lot more in the long run than appeasing shareholders over the short term.
Still a lot of work to go and can see the SP slipping back to 4c in the meantime. Of course, it won't take much good news to see it take off.
some interesting points..., page-11
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Last
13.0¢ |
Change
-0.010(7.14%) |
Mkt cap ! $12.08M | |||
| Open | High | Low | Value | Volume |
| 13.5¢ | 13.5¢ | 12.5¢ | $41.63K | 318.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 126952 | 12.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 13.0¢ | 49302 | 1 |
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| Last trade - 16.10pm 17/07/2024 (20 minute delay) ? |
| PNN (ASX) Chart |