Some of the majors have been selling (in last 6 months) as they dont want to wait for the company strategy to play out. The Board now has a fast tracked strategy to generate cash sooner, while at the same time looking for licencing deals, which mind you take a long time to materialise. Their exposure to BSM will help as well, and their shares in JRV are now on a zero cost base.
I am also frustrated by the SP, but hanging in there for the longer haul.
the facts
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Last
61.0¢ |
Change
0.020(3.39%) |
Mkt cap ! $115.7M | |||
| Open | High | Low | Value | Volume |
| 59.5¢ | 61.0¢ | 59.0¢ | $23.29K | 39.11K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 2523 | 59.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 62.5¢ | 5000 | 1 |
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| Last trade - 15.27pm 04/10/2024 (20 minute delay) ? |
| SDV (ASX) Chart |