If you thought this stock was undervalued back at an 8.2TCF prospective resource, it's extremely undervalued right now.
If it makes you upset to see a sliding SP then sell your holding and buy back in later, it's quite simple.
I think with the new staff appointments we will have a solid path forward, but there will be gaps of waiting which nobody likes doing, so of course it will slide.
Personally I don't see the SP recovering to 30c+ until the drill for M2 is in the ground, but a discovery will do what it was meant to do all along - you can basically just not check on the stock every day and get on with your life, OR move your capital elsewhere in the meantime. Complaining won't make the SP go higher.
If you're a LTH then on a win you'll make a ton more back on the CGT discount so whatever! At least you're not in AVZ
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Last
8.1¢ |
Change
-0.007(7.95%) |
Mkt cap ! $116.6M |
Open | High | Low | Value | Volume |
8.7¢ | 8.7¢ | 7.8¢ | $550.8K | 6.685M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 6256 | 8.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
8.1¢ | 65918 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 126582 | 0.079 |
2 | 350000 | 0.076 |
7 | 757506 | 0.075 |
1 | 26000 | 0.073 |
3 | 365000 | 0.071 |
Price($) | Vol. | No. |
---|---|---|
0.081 | 65918 | 1 |
0.082 | 100000 | 1 |
0.083 | 100000 | 1 |
0.084 | 39479 | 1 |
0.085 | 350000 | 2 |
Last trade - 16.10pm 05/08/2024 (20 minute delay) ? |
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IVZ (ASX) Chart |