Yeh i disagree. The amount of gold they have sured up isnt the problem. The amount of cash they have is.
I think they are trying to limit the cash burn, and i would do the same thing until the dfs is sorted.
And im pretty sure over the last few weeks, since a couple if larger holders have stopped dumping, the price is going up?
Ann: Financial Report for the half year ended 31 December 2023, page-12
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Last
45.0¢ |
Change
0.020(4.65%) |
Mkt cap ! $160.3M | |||
| Open | High | Low | Value | Volume |
| 45.0¢ | 45.3¢ | 43.0¢ | $166.0K | 376.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2272 | 44.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 45.5¢ | 1248 | 1 |
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| Last trade - 16.10pm 19/11/2024 (20 minute delay) ? |
| AUC (ASX) Chart |