I'm not surprised at the recent drop-off in the SP. Agree with your sentiments about the potential of the company. What I'm looking for is clarity on their next step. Now that they have the cashola, I think the market is looking for action. The company has a significant development pipeline but the first stumbling block is flexible financing (ie. resolving the restrictive finance conditions under which they are currently operating under).
Until this happens, I would expect the SP to coast... not thrive.
Baron
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Last
$1.19 |
Change
0.040(3.48%) |
Mkt cap ! $158.7M | |||
| Open | High | Low | Value | Volume |
| $1.19 | $1.19 | $1.12 | $48.29K | 41.72K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 41552 | $1.14 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.18 | 3019 | 1 |
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| Last trade - 11.28am 27/06/2025 (20 minute delay) ? |
| IFN (ASX) Chart |