The market is irrational atm. This can and probably will trade even lower than cash on hand. It will bounce back to cash on hand at some point but this will continue to fall imo. Wait and see where this ends up if they announce a recession next year.. I’m in a mining explorer that has $80b in ground value (plus a heap of very important boxes to be ticked to get it to a mine) and it’s mc is $100m. There’s no point trying to work out why it’s below the cash they have bcos in this market it’s complete Irrelevant.
As you all know..., page-106
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Last
49.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $164.0M | |||
| Open | High | Low | Value | Volume |
| 48.5¢ | 49.5¢ | 48.0¢ | $108.5K | 220.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 6479 | 49.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 50.0¢ | 30917 | 4 |
View Market Depth
| Last trade - 16.10pm 09/08/2024 (20 minute delay) ? |
| PBH (ASX) Chart |