Yes the share price seems to be lagging a bit. Previous high was 38.5c based on $237 IO (62%) and we are back up to $220 now so would think we should be trading at an easy 35c or higher. And that is not taking into account all the extra $$$ we actually have made in the mean time.
Obviously the market still doesn't believe IO prices can stay this high even for the medium term and it is simply ignoring the $$ made this quarter, and probably will keep doing so until closer to the quarterly report. Once that comes close it will slowly be accounted for I suspect with possibly an other uptick on the actual report.
Either way any down side is melting away rapidly!
Only a disaster scenario should lead to a loss over the next 6, 12 or 18 months I would think.
Chart, page-1081
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Last
26.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $190.9M | |||
| Open | High | Low | Value | Volume |
| 27.0¢ | 27.0¢ | 26.0¢ | $515.0K | 1.957M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 263116 | 26.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 26.5¢ | 98584 | 1 |
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| Last trade - 16.10pm 07/10/2024 (20 minute delay) ? |
| FEX (ASX) Chart |