Cannot believe that shareholders would be selling their stock knowing what that the company has announced recently to the market.
People were happy to sell down to 25c when they made a recent announcement that the rare earth feed grades increased by up to 148%.
I asked the question then on hotcopper, why the sell down.
I find myself asking the same question again. MARKET CAP IS LESS THAN 23 MILLION. If you are a shareholder, do yourself a favour and do some research on other companies that are involved with rare earth projects and consider what their current market caps are .
Some are currently enjoying mkt caps of between 300 to 400 million plus and are still years away from actually producing any product.
It's hard enough making money these days with all the day trading activity going on from those that have little or no idea about what a companies true value is. One will never know how high a mkt cap may eventually climb to, but blind freddy should be able to work out when a stock is trading way to cheap.
To see shareholders giving their stock away at these low prices is just plain crazy.
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Last
39.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $38.11M |
Open | High | Low | Value | Volume |
40.0¢ | 40.0¢ | 39.0¢ | $9.995K | 25.36K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 57 | 39.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
40.0¢ | 90099 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 2650 | 0.385 |
2 | 57451 | 0.380 |
1 | 265 | 0.375 |
2 | 51400 | 0.370 |
3 | 29612 | 0.360 |
Price($) | Vol. | No. |
---|---|---|
0.400 | 75099 | 3 |
0.420 | 7000 | 2 |
0.435 | 35000 | 1 |
0.450 | 23910 | 2 |
0.475 | 5239 | 1 |
Last trade - 13.25pm 13/09/2024 (20 minute delay) ? |
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