Can anyone clarify what this chart says? I confess I have no idea.
Seems to me that we are "paying" over $1B to get our hands on $342 in cash and some short life mines (not my opinion, just quoting what I have gleaned).
I would be much obliged to anyone who could clarify what these mines are worth to us and why?
$40 cents club, page-1258
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Last
39.0¢ |
Change
-0.010(2.50%) |
Mkt cap ! $2.652B | |||
| Open | High | Low | Value | Volume |
| 40.0¢ | 40.8¢ | 39.0¢ | $6.817M | 17.24M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 186820 | 39.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 39.5¢ | 167616 | 7 |
View Market Depth
| Last trade - 16.10pm 23/07/2024 (20 minute delay) ? |
| RED (ASX) Chart |