Forward agreement means nothing, unless they start production again. That seems unlikely atm. $2mil market cap is probably what it's worth. If you read the report carefully you will see how many tenaments they had relinquished with huge $loss. Cap raizing is firmly on the cards. Hyping this stock up does change its fundumentals: they are out of cash, with no production going - means no income - and they will have to raize cash very soon. Worth a punt? Maybe at 1c. Above 2c? Very unlikely.
$2m mkt cap diamond specie, page-15
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Last
1.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $13.38M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 1000334 | 1.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.4¢ | 1065349 | 4 |
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| Last trade - 16.12pm 15/11/2024 (20 minute delay) ? |
| TMS (ASX) Chart |
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