Thinking we have bottomed here, a bit more volume would be nice to confirm this but the SP is that exhausted from selling that any buying is going to see us back in the teens in a matter of no time…
Buy/Sell ratio is at 5/1, strongest its been ever since I can remember. News imminent regarding Andewa, up to approx 7 deep holes to be reported, modest deposit building at Esis with promising holes yet to be reported, 65-70 odd million left in free expenditure from major JV parties, large land holding in PNG, cash flow positive operations with future potential to sub contract our rigs for further cash flow positive potential, stakes in the attractive QRL... All at a Market cap of 14 mill…. Seems crazy…. And that wasn’t an exhaustive list.
I wish I had more to top up coz I got the feeling that we wont see these levels for much longer…. I think most of the naysayers are out of this stock…
Even a SP of 10c only would value us at 30m!
buy sell depth, page-19
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Last
0.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $7.330M | |||
| Open | High | Low | Value | Volume |
| 0.3¢ | 0.3¢ | 0.3¢ | $9.289K | 3.096M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 119122 | 0.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.4¢ | 23466108 | 31 |
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| Last trade - 14.54pm 16/08/2024 (20 minute delay) ? |
| LNR (ASX) Chart |