Unfortunately I think that is true… but what happens if the IPO is underpriced and trading opens higher?
could the MC might be higher than the sum of all parts… eg with $7m cash to explore, are the leases worth more?
MC at the end of the first day of trade perhaps… less cash?
Ann: Completion of sale of Eyre Peninsula tenements, page-6
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Last
28.5¢ |
Change
-0.015(5.00%) |
Mkt cap ! $72.63M | |||
| Open | High | Low | Value | Volume |
| 30.0¢ | 30.0¢ | 28.0¢ | $67.97K | 235.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 66423 | 28.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 29.0¢ | 40000 | 1 |
View Market Depth
| Last trade - 15.22pm 23/07/2025 (20 minute delay) ? |
| AXE (ASX) Chart |