ASN 4.76% 11.0¢ anson resources limited

Down down prices are down

  1. 10,235 Posts.
    lightbulb Created with Sketch. 645
    Sick of seeing this in a downward spiral as I'm sure are many punters holding here, but in my opinion , given the $100m plus MC, and only $22m MC, (an EV of a high $80m), it would appear this could fall much further?

    Is an $80m EV sustainable in this market, imo probably not, a $30m EV would sound more on the money which would give a SP here of 4 cents which could still be viewed as high?

    Time will tell, this company needs to find an investor wanting in to stop the bleeding in my opinion , but how and why ?
    Thoughts
    Last edited by sharebroker1: 10/02/24
 
watchlist Created with Sketch. Add ASN (ASX) to my watchlist
(20min delay)
Last
11.0¢
Change
0.005(4.76%)
Mkt cap ! $141.9M
Open High Low Value Volume
10.5¢ 11.0¢ 10.0¢ $84.14K 786.2K

Buyers (Bids)

No. Vol. Price($)
1 2 11.0¢
 

Sellers (Offers)

Price($) Vol. No.
11.5¢ 286817 6
View Market Depth
Last trade - 16.10pm 28/06/2024 (20 minute delay) ?
ASN (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.