As per previous comments, it says in annual report detailed today "bullion is sold at spot, there are no hedging agreements". Considering LOM plan, retained earnings will just keep building so market cap will HAVE to move up to a more realistic value eventually.
cant believe the price of this stock, page-6
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Last
$3.42 |
Change
0.090(2.70%) |
Mkt cap ! $179.4M | |||
| Open | High | Low | Value | Volume |
| $3.40 | $3.42 | $3.40 | $4.059K | 1.188K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 5694 | $3.40 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.90 | 5000 | 1 |
View Market Depth
| Last trade - 15.05pm 12/07/2024 (20 minute delay) ? |
| TBR (ASX) Chart |