Maybe.
but it does signify the lack of risk by pre ipo takers giving yourself a 20 bagger at the ipo price.
I figure this one is going to struggle given the exploration budget in ipo. Primarily most of 7m raise went on fees and salaries. Canada and in particular james bay region is pretty crowded hence exploration costs will be pricey. Not to mention the use of helicopter surveys.
best you'll get is rock chips before a cr is needed.
General discussion. JBY, page-86
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Last
48.5¢ |
Change
-0.080(14.2%) |
Mkt cap ! $16.21M | |||
| Open | High | Low | Value | Volume |
| 54.5¢ | 54.5¢ | 46.0¢ | $384.0K | 790.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 21 | 48.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 49.5¢ | 10000 | 1 |
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| Last trade - 16.10pm 06/11/2024 (20 minute delay) ? |
| JBY (ASX) Chart |