Boss need 10mil to start production. If the price increased quickly, they would turn the on switch and start making money. You have to keep in mind Honeymoon is on care and maintenance and was in production in 2013. They bought a 170 million mine dirt cheap, so i say boss is very undervalued. Maybe have a look at the sophisticated investor video, not for investment advice, but to understand what position they are in, and also look at the management, which in my opinion is extremely important.
Boss vs Pen??, page-2
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Last
7.3¢ |
Change
-0.007(8.75%) |
Mkt cap ! $239.0M | |||
| Open | High | Low | Value | Volume |
| 7.7¢ | 7.7¢ | 7.3¢ | $1.319M | 17.60M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 25 | 1970555 | 7.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 7.4¢ | 942445 | 15 |
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| Last trade - 13.31pm 04/09/2024 (20 minute delay) ? |
| PEN (ASX) Chart |