I suspect any significant exploration success may make the company a merger or T/O target.
Management re-based their options packages to allow for that, and at the AGM Tony Ploglaise simply said "one has to prepare for all eventualities" to paraphrase. He would know.
All IMVHO.
Short Term Price Catalysts, page-52
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Last
1.9¢ |
Change
-0.002(9.52%) |
Mkt cap ! $53.94M | |||
| Open | High | Low | Value | Volume |
| 2.0¢ | 2.1¢ | 1.9¢ | $293.6K | 14.72M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 10 | 3797072 | 1.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.0¢ | 2151490 | 5 |
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| Last trade - 16.10pm 02/08/2024 (20 minute delay) ? |
| NWC (ASX) Chart |