It is interesting to see the SP still hovering around mid 50 despite the fact that the first gold pour is not far away.
Some or most may think there may be a capital raising and adopt a wait and see, hoping to pick it at a lower price.
Even if there is a CR, I can't see it being lower than 50c/ share as we stare in the face of production.
But when it run on confirmation of the first pour, I can foresee greater % gain than the possibility of a 10% fall in price from the CR.
enough cash to get to production, page-8
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Last
96.0¢ |
Change
-0.020(2.04%) |
Mkt cap ! $289.3M | |||
| Open | High | Low | Value | Volume |
| 96.5¢ | 97.0¢ | 95.5¢ | $331.8K | 345.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 99999 | 96.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 97.5¢ | 5410 | 1 |
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| Last trade - 16.10pm 09/09/2024 (20 minute delay) ? |
| ACF (ASX) Chart |