Absolutely agree. The SP high point before the AN was 5.8 and now after the huge de-risking 5.4? This is just those priviledged sonofas who bought in at 4.4 and making a quick buck now. It is ridiculous for any company to be around 10% of the NPV with BFS, FID and close to 100% debt financing secured by a US state agency. And I am not talking about the fact this is the first of a kind, closely watched due to political reasons and thus evens even less likely to experience any serious problems...The SP is IMO completely nuts now, however, there are tens of millions shares dumped now for a quick profit, so we may need to wait some time to see it rise. If there is a case of value investing in small caps, this is it...
A Little Conjecture (fun), page-3
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Last
0.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $6.375M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 1649969 | 0.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.5¢ | 6504982 | 11 |
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| Last trade - 10.04am 17/06/2024 (20 minute delay) ? |
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