A lot depends on how good (or not) TG6's drill results. The better they are, the bigger the potential value of E25's tenement. I had an earlier punt with a really wide range and at there's not much to indicate a narrowing of that range or even if the top/bottom points are correct.
Charger doing a farmout to RIO certainly also helps because any big-name player sniffing around will add interest.
TG6 is doing a CR that posters on those HC channels have mentioned as $6m with a $2m oversubscription option. The price they note of 75c is a bit lower than I'd have thought they might get a CR away at, but it shows there's new money interest in the area. If they raise that $8m that puts TG6's fully diluted MC at $64m (and the market may well improve on that value on Monday). Nearology to this is no longer trivial dollars.
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Last
21.5¢ |
Change
0.005(2.38%) |
Mkt cap ! $47.28M |
Open | High | Low | Value | Volume |
21.5¢ | 22.0¢ | 21.0¢ | $34.27K | 157.2K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 7706 | 21.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
22.0¢ | 161786 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 7706 | 0.215 |
2 | 37774 | 0.210 |
5 | 44929 | 0.205 |
8 | 115657 | 0.200 |
4 | 575528 | 0.180 |
Price($) | Vol. | No. |
---|---|---|
0.225 | 1722 | 1 |
0.235 | 2148 | 1 |
0.240 | 3882 | 1 |
0.250 | 32000 | 1 |
0.255 | 1892 | 1 |
Last trade - 16.10pm 16/08/2024 (20 minute delay) ? |
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E25 (ASX) Chart |