IIRC the MC of Kingwest was $15m, and BTR's MC pre-merger was $15M, and that was at a huge discount after the great nickel debacle of 2022. IMHO I think the company could see a natural re-rate to a par value of about $30M. Anything below that could be an arbitrage opportunity. I picked up some more stock at 1.2 cents on this basis. And then factoring in new management, renewed strategy, and cashflow on the horizon for a near-term developer... I hope to see this company at 4 cents within three to six months.
Do your own research and don't invest based on the advice of strangers on the internet.
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Last
1.6¢ |
Change
0.000(0.00%) |
Mkt cap ! $94.54M |
Open | High | Low | Value | Volume |
1.6¢ | 1.7¢ | 1.6¢ | $116.3K | 7.198M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
21 | 5531776 | 1.6¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.7¢ | 13342401 | 20 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
19 | 4844276 | 0.016 |
49 | 19774029 | 0.015 |
19 | 3777358 | 0.014 |
9 | 5069377 | 0.013 |
9 | 6268337 | 0.012 |
Price($) | Vol. | No. |
---|---|---|
0.017 | 13309068 | 19 |
0.018 | 7422175 | 19 |
0.019 | 5857559 | 6 |
0.020 | 4662105 | 8 |
0.021 | 2022800 | 2 |
Last trade - 16.10pm 16/08/2024 (20 minute delay) ? |
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BTR (ASX) Chart |