Yes you do - expect that from just about every new company until they have a revenue stream and can cover expenses.
But because that is the same for every new miner, more what you should be looking at is :
MC (is it too expensive) considering the assets (exploration rights), the market its operating in (is it something you expect more or less demand ie. Coal versus lithium), jurisdiction (unstable country v stable), management team, how long until production, current hype swirling the company and/or sector, and importantly - what you want from it - are you flipping for a profit day 1, day 30 or do you think there's long term goodness given your research in to all of the above and its a keeper for years which will see a lot of ups and downs and CRs.
good luck
- Forums
- ASX - By Stock
- AZL
- Diablo Shares
Diablo Shares, page-11
-
-
- There are more pages in this discussion • 2 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add AZL (ASX) to my watchlist
|
|||||
Last
1.9¢ |
Change
-0.001(5.00%) |
Mkt cap ! $85.00M |
Open | High | Low | Value | Volume |
1.9¢ | 2.0¢ | 1.9¢ | $11.85K | 621.2K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
17 | 4158693 | 1.9¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.0¢ | 3266263 | 10 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
17 | 4158693 | 0.019 |
28 | 4177960 | 0.018 |
30 | 5537348 | 0.017 |
13 | 3724768 | 0.016 |
19 | 5532988 | 0.015 |
Price($) | Vol. | No. |
---|---|---|
0.020 | 3366263 | 11 |
0.021 | 568594 | 8 |
0.022 | 6715367 | 13 |
0.023 | 4036175 | 7 |
0.024 | 2310822 | 15 |
Last trade - 11.51am 23/07/2024 (20 minute delay) ? |
Featured News
AZL (ASX) Chart |
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
Previous Video
Next Video
SPONSORED BY The Market Online