I'm posting about this to help allay any fears. Shorters really have no where to go, at 10% interest, so $1 is our support.
Management just needs to stay on their production and drilling course, and as the funds come in, utilise some towards a buyback. A 1% buyback, or 18.5 million shares, will move the SP at least 15c (even more as some shorts will cover).
Banter and general comments, page-27087
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Last
9.4¢ |
Change
-0.003(3.09%) |
Mkt cap ! $200.8M | |||
| Open | High | Low | Value | Volume |
| 9.9¢ | 10.3¢ | 9.4¢ | $1.562M | 16.13M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 13 | 1063679 | 9.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 9.5¢ | 6888 | 2 |
View Market Depth
| Last trade - 16.10pm 29/07/2024 (20 minute delay) ? |
| CXO (ASX) Chart |