@Byron layoff the shareholders, below summarises the situation perfectly
and given the majority of the equity is capitalised exploration costs (about $9.5m) i would be very surprised if that wasn't impaired as well eg who would pay inca $9.5m for those tenements.
So it easy to see a couple of things
a) management over the years have diddled away circa $60m on nothing
b) that would create a lot of ticked off share holders
c) there is no news because new management have to reinvent the company again and are charging a premium to do it
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0.7¢ |
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Mkt cap ! $11.03M | |||
| Open | High | Low | Value | Volume |
| 0.7¢ | 0.7¢ | 0.7¢ | $54.32K | 7.760M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 635000 | 0.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.8¢ | 2006463 | 7 |
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| Last trade - 15.23pm 17/06/2025 (20 minute delay) ? |
| ICG (ASX) Chart |