Endless, if you are saying that no investment company would touch a miner with a market cap of $150m and a jorc of 840k ounces (using your figures) then I think you are mistaken. Change the jorc to 140k ounces and you are spot on. Based on this analogy I think there should be concerns that as money accumulates, it will not be used effectively.
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$1.94 |
Change
-0.060(3.01%) |
Mkt cap ! $2.214B | |||
| Open | High | Low | Value | Volume |
| $1.96 | $2.00 | $1.94 | $5.181M | 2.651M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 69014 | $1.94 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.95 | 3271 | 1 |
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| RMS (ASX) Chart |