AS1 9.09% 1.0¢ asara resources limited

downward pressure

  1. 5,019 Posts.
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    Over the past week or so there has been a trickle of selling into the 1 cent bids. Today a big spike. It looks like somebody who was offering their shares at 1.2 cents has now sold them at 1 cent.

    Does anyone have any ideas about why they would do that?

    Do you think the RMB deal has fallen through, jeopardising the BFS?

    Does the current exchange rate make operations more expensive in Burkina Faso to the extent that the existing funds may no longer cover the BFS?

    What thoughts, fellow GMR-holders?
 
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1.0¢
Change
-0.001(9.09%)
Mkt cap ! $8.821M
Open High Low Value Volume
1.0¢ 1.0¢ 1.0¢ $159 15.86K

Buyers (Bids)

No. Vol. Price($)
1 200000 1.1¢
 

Sellers (Offers)

Price($) Vol. No.
1.2¢ 200000 1
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Last trade - 09.59am 23/08/2024 (20 minute delay) ?
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