Bigjonos, I agree. In my opinion finally the Board and Management have their jobs on the line and this should generate far better outcomes for shareholders.
In my opinion there will be one to three achievable catalysts that will see a re-rating of the stock and a substatially higher share price.
Firstly positive drill results
Secondly lower production costs accross the group(not at Coolgardie for the previous qtr as they migrate to an open pit)
Thirdly, if neither of the above being achieved a change in Management to a higher profile proven performer that the Market rates.
sp price, page-11
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Last
18.5¢ |
Change
0.005(2.78%) |
Mkt cap ! $53.01M | |||
| Open | High | Low | Value | Volume |
| 18.5¢ | 18.5¢ | 18.0¢ | $1.968K | 10.81K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 17316 | 18.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 19.5¢ | 54000 | 1 |
View Market Depth
| Last trade - 14.21pm 08/11/2024 (20 minute delay) ? |
| FML (ASX) Chart |